Siti runs a small factory in Kuala Pilah producing banana chips. She normally sells 10,000 packets at RM5.00 per packet. She is now planning for next month's sales and the following information is given: Raw material required is 1000 kg of bananas at RM1.30 per kg. The labor rate is RM3.00 per hour and each packet of banana chips takes 0.25 hours to make. Manufacturing overheads are charged at RMO.80 per packet. The following stock levels are maintained: Opening stock Closing stock Raw materials 100 kg 80 packets 120 kg 70 packets Banana chips Required: For the month ending 31 March 2018, prepare the following: a) Sales Budget b) Production Budget c) Raw Materials Budget

Siti runs a small factory in Kuala Pilah producing banana chips. She normally sells 10,000 packets at RM5.00 per packet. She is now planning for next month's sales and the following information is given: Raw material required is 1000 kg of bananas at RM1.30 per kg. The labor rate is RM3.00 per hour and each packet of banana chips takes 0.25 hours to make. Manufacturing overheads are charged at RMO.80 per packet. The following stock levels are maintained: Opening stock Closing stock Raw materials 100 kg 80 packets 120 kg 70 packets Banana chips Required: For the month ending 31 March 2018, prepare the following: a) Sales Budget b) Production Budget c) Raw Materials Budget

Name: Additional TutorialChapter 6: Profit PlanningQuestion 1Siti runs a sm
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Description: Additional TutorialChapter 6: Profit PlanningQuestion 1Siti runs a small factory in Kuala Pilah producing banana chips. She normally sells 10,000packets at RM5.00 per packet. She is now planning for next month's sales and thefollowing information is

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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