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

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

Section: Chapter Questions

Problem 1Q

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Answer part d, e and f
None
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