Collected these information from Bell Telecom Company (Egypt) producing 3 products "E" ,"F", and "G" for the year 2022: First: Sales: - Estimated sales "E" 11,000,000 EGP       "F" 8,400,000 EGP                                                                   "G" 7,380,000 EGP Sales price/unit 440 EGP                      420 EGP 410 EGP Second: Production and Inventory (finished goods): Total estimated sales units for product (E) will allocate for first quarter, second quarter, third quarter, and fourth quarter by For calculating of ending inventory of Finished Goods (F.G.) of product (E), 1/4 of sales units of the next quarter are used except the fourth quarter 4/4 of sales units of the same Ending inventory of Finished Goods (F.G.) for first quarter = 1250 units for product (E). Beginning inventory of Finished Goods (F.G.) for first quarter = 2300 units for product (E). Ending inventory of Finished Goods (F.G.) for product (F) and (G) 1/4 of sales Inventory 31/12/2021 for product (F) and (G) are 1600 and 1100 units,   Third: Raw materials and Purchases: Quantity needed from material "M": "E" 17 kg. "F" 13 kg. "G" 11 kg. Quantity needed from material "N": "E" 16 "F" 20 kg. "G" 18 kg. The direct hours needed to produce one unit is 18 hours for "E", and 20 hours for "F", and 22 hours for "G". Rate per hour is 5 EGP for three The price of material is 8 EGP for "M" and 11 EGP for "N". Fourth:   Inventory raw materials: Beginning period inventory "M" 600 kg.         "N" 800 kg. Ending period inventory 1600                900 kg.   prepare  sales budget  production budget  material budget  purchase budget  labor budget

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question
Collected these information from Bell Telecom Company (Egypt) producing 3 products "E" ,"F", and "G" for the year 2022:

First: Sales:

- Estimated sales "E" 11,000,000 EGP       "F" 8,400,000 EGP                                                                   "G" 7,380,000 EGP

  • Sales price/unit 440 EGP                      420 EGP 410 EGP

Second: Production and Inventory (finished goods):

  • Total estimated sales units for product (E) will allocate for first quarter, second quarter, third quarter, and fourth quarter by
  • For calculating of ending inventory of Finished Goods (F.G.) of product (E), 1/4 of sales units of the next quarter are used except the fourth quarter 4/4 of sales units of the same
  • Ending inventory of Finished Goods (F.G.) for first quarter = 1250 units for product (E).
  • Beginning inventory of Finished Goods (F.G.) for first quarter = 2300 units for product (E).
  • Ending inventory of Finished Goods (F.G.) for product (F) and (G) 1/4 of sales
  • Inventory 31/12/2021 for product (F) and (G) are 1600 and 1100 units,

 

Third: Raw materials and Purchases:

  • Quantity needed from material "M": "E" 17 kg.

"F" 13 kg.

"G" 11 kg.

  • Quantity needed from material "N": "E" 16

"F" 20 kg.

"G" 18 kg.

  • The direct hours needed to produce one unit is 18 hours for "E", and 20 hours for "F", and 22 hours for "G".
  • Rate per hour is 5 EGP for three
  • The price of material is 8 EGP for "M" and 11 EGP for "N".

Fourth:   Inventory raw materials:

  • Beginning period inventory "M" 600 kg.         "N" 800 kg.
  • Ending period inventory 1600                900 kg.

 

prepare 

sales budget 

production budget 

material budget 

purchase budget 

labor budget 

AI-Generated Solution
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
steps

Unlock instant AI solutions

Tap the button
to generate a solution

Similar questions
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education