C. Budgeting No 1 ANGEL Trading Company presents the actual sales for the first three months of year 2019 on its two products as follows: Product AB Product XY Total Sales 880,000 941,000 1,006,750 The business expects that the trends for the past three months will continue in April and May 2019. January February March 340,000 374, 000 411,400 540,000 576,000 593,350 Required: Determine the projected saies for April and May 2019 for the two products. Round the amounts to thousand pesos. No. 2 IZZY Manufacturing Company has one product line - Product WZ. Last year, the company has sold 40,000 units at P40 per unit. Next year, the business expects to increase its sales volume by 10%. There are no beginning and ending finished goods inventories. In the manufacture of one unit of Product WZ, the companý uses three types of direct raw materials as follows: Raw materials AA - 2 units at P4.00 per unit Raw Materials BB 2 units at P5 per unit Raw Materials CC-3 units at P7 per unit There are no beginning and ending raw materials inventories Required: Determine the raw materials requirements to produced the total units planned to sold the following year

C. Budgeting No 1 ANGEL Trading Company presents the actual sales for the first three months of year 2019 on its two products as follows: Product AB Product XY Total Sales 880,000 941,000 1,006,750 The business expects that the trends for the past three months will continue in April and May 2019. January February March 340,000 374, 000 411,400 540,000 576,000 593,350 Required: Determine the projected saies for April and May 2019 for the two products. Round the amounts to thousand pesos. No. 2 IZZY Manufacturing Company has one product line - Product WZ. Last year, the company has sold 40,000 units at P40 per unit. Next year, the business expects to increase its sales volume by 10%. There are no beginning and ending finished goods inventories. In the manufacture of one unit of Product WZ, the companý uses three types of direct raw materials as follows: Raw materials AA - 2 units at P4.00 per unit Raw Materials BB 2 units at P5 per unit Raw Materials CC-3 units at P7 per unit There are no beginning and ending raw materials inventories Required: Determine the raw materials requirements to produced the total units planned to sold the following year

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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