B. Nano Sdn Bhd (NSB) manufactures two (2) products called SAI and RA2. Below are the budgeted sales for the month of January, 2021. RA2 2,400 75 1,800 SAI 3,200 Budgeted sales (unit) Price per unit (RM) Opening inventory (unit) Desired closing inventory (unit) 50 1,200 1,320 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 Opening inventory (unit) Desired closing inventory (unit) Price per kg (RM) Material used per unit: MAT A 2,000 10% of the production requirements for the month 4.00 5.00 5 kg 3 kg 3 kg 2 kg SAI RA2 REQUIRED: Prepare the following budgets for the month of January 2021: (a) Production budget (b) Material required for production in quantities (c) Material purchase budget

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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В.
Nano Sdn Bhd (NSB) manufactures two (2) products called SA1 and RA2. Below are
the budgeted sales for the month of January, 2021.
SAI
3,200
50
RA2
2,400
Budgeted sales (unit)
Price per unit (RM)
Opening inventory (unit)
Desired closing inventory (unit)
75
1,200
1,320
1,800
1,980
There are two (2) types of material used in the production which are MATA and MAT
B. The following is the information related to material for the month of January, 2021:
MAT B
1,950
MAT A
Opening inventory (unit)
Desired closing inventory (unit)
Price per kg (RM)
Material used per unit:
2,000
10% of the production requirements for the month
4.00
5.00
5 kg
3 kg
3 kg
2 kg
SAI
RA2
REQUIRED:
Prepare the following budgets for the month of January 2021:
(a)
Production budget
(b)
Material required for production in quantities
(c)
Material purchase budget
Transcribed Image Text:В. Nano Sdn Bhd (NSB) manufactures two (2) products called SA1 and RA2. Below are the budgeted sales for the month of January, 2021. SAI 3,200 50 RA2 2,400 Budgeted sales (unit) Price per unit (RM) Opening inventory (unit) Desired closing inventory (unit) 75 1,200 1,320 1,800 1,980 There are two (2) types of material used in the production which are MATA and MAT B. The following is the information related to material for the month of January, 2021: MAT B 1,950 MAT A Opening inventory (unit) Desired closing inventory (unit) Price per kg (RM) Material used per unit: 2,000 10% of the production requirements for the month 4.00 5.00 5 kg 3 kg 3 kg 2 kg SAI RA2 REQUIRED: Prepare the following budgets for the month of January 2021: (a) Production budget (b) Material required for production in quantities (c) Material purchase budget
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