Prepare the following budgets for the month of January 2021B.Materials required for production in quantities В.Nano Sdn Bhd (NSB) manufactures two (2) products called SAI and RA2. Below arethe budgeted sales for the month of January, 2021.SAI3,20050Budgeted sales (unit)Price per unit (RM)Opening inventory (unit)Desired closing inventory (unit)RA22,400751,8001,9801,2001,320There are two (2) types of material used in the production which are MATA and MATB. The following is the information related to material for the month of January, 2021:MAT B1,950MAT A2,00010% of the production requirements for the monthOpening inventory (unit)Desired closing inventory (unit)Price per kg (RM)Material used per unit:4.005.005 kg3 kg3 kg2 kgSAIRA2

B. Nano Sdn Bhd (NSB) manufactures two (2) products called SAI and RA2. Below are the budgeted sales for the month of January, 2021. SAI 3,200 50 1,200 1,320 RA2 2,400 75 Budgeted sales (unit) Price per unit (RM) Opening inventory (unit) Desired elosing inventory (unit) 1,800 1,980 There are two (2) types of material used in the production which are MAT A and MAT B. The following is the information related to material for the month of January, 2021: MAT B 1,950 MATA 2,000 10% of the production requirements for the month 4.00 Opening inventory (unit) Desired closing inventory (unit) Price per kg (RM) Material used per unit: SAI RA2 5.00 5 kg 3 kg 3 kg 2 kg

B. Nano Sdn Bhd (NSB) manufactures two (2) products called SAI and RA2. Below are the budgeted sales for the month of January, 2021. SAI 3,200 50 1,200 1,320 RA2 2,400 75 Budgeted sales (unit) Price per unit (RM) Opening inventory (unit) Desired elosing inventory (unit) 1,800 1,980 There are two (2) types of material used in the production which are MAT A and MAT B. The following is the information related to material for the month of January, 2021: MAT B 1,950 MATA 2,000 10% of the production requirements for the month 4.00 Opening inventory (unit) Desired closing inventory (unit) Price per kg (RM) Material used per unit: SAI RA2 5.00 5 kg 3 kg 3 kg 2 kg

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter7: The Master Budget And Flexible Budgeting

Section: Chapter Questions

Problem 5E: Prepare a cost of goods sold budget for MacLaren Manufacturing Inc. for the year ended December 31,...

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Prepare a cost of goods sold budget for MacLaren Manufacturing Inc. for the year ended December 31, 2016, from the following estimates. Inventories of production units: Direct materials purchased during the year, 548,000; beginning inventory of direct materials, 36,000; and ending inventory of direct materials, 23,000. Totals from other budgets included:
Synergy Manufacturing Co. Ltd. manufactures Product A and Product B. The following information is available for March 2020 Product A Product B Production (units) 5,000 3,500 Sales (units) 4,600 3,200 Opening inventory (units) Financial data: Product A Product B Unit selling price £ 180.00 £ 150.00 Unit cost: direct materials £ 30.00 £ 24.00 direct labour £ 36.00 £ 24.00 variable production overheads £ 24.00 £ 16.00 fixed production overheads £ 60.00 £ 40.00 variable selling overheads £ 2.00 £ 2.00 Fixed production overheads for the period were £210,000 and fixed administration overheads were £54,000. Please note that fixed production overheads and fixed administration overheads are shared based on the number of production units for Product A and Product B. Required: Based on the details provided in the table below, prepare and interpret accurate income statements for the company using a range of management accounting techniques, such as marginal and absorption costs.
Maulana Sdn Bhd (MSB) manufactures and sells two types of products: Pastry roller and Pastry puff .Each unit of product consumes two types of materials, butter and cheese. MSB is preparing its annual budget for the year ending December 31, 2018. The Assistant Accountant provides the following data: Pastrv roller Pastry puff Sales unit 65,000 55,000 Unit selling price RM30 RM20 MSB decided that the beginning and ending inventory for the year 2018 are as follow: Product Beginning inventory(units) Ending inventory(units) Pastry roller 8,000 9,000 Pastry puff 5,000 4,000 +The following materials are needed for the production of pastry roller and pastry puff: Materials: Pastry roller Pastry puff Beginning Ending inventory (kg) inventory (kg) Butter 10 kg 8 kg 272,000 290,000 Cheese 4 kg 3 kg 60,000 41 ,000 Materials: Price per kg Butter RM2.00 Cheese RM8.00 Direct labour per unit and direct labour co ber unit is given below: Hours needed Rate per hour Pastry roller 2 hours Pastry puff 1.5…
Maulana Sdn Bhd (MSB) manufactures and sells two types of products: Pastry roller and Pastry puff Each unit of product consumes two types of materials, butter and cheese. MSB is preparing its annual budget for the year ending December 31, 2018. The Assistant Accountant provides the following data: Pastry roller Pastry puff 55,000 Sales unit 65,000 Unit selling price RM30 RM20 MSB decided that the beginning and ending inventory for the year 2018 are as follow: Product Beginning inventory(units) Ending inventory(units) Pastry roller Pastry puff +The following materials are needed for the production of pastry roller and pastry puff: 8,000 9,000 5,000 4,000 Pastry roller Beginning inventory (kg) inventory (kg) | 272,000 Materials: Pastry puff Ending 10 kg 8 kg 290,000 Butter Cheese |4 kg 3 kg 60,000 | 41,000 Price per ka Materials: Butter RM2.00 Cheese RM8.00 Direct labour per unit and direct labour coBer unit is given below: Hours needed Rate hour per Pastry roller 2 hours Pastry puff 1.5…
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