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Compute the estimated total cost

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Reference no: EM132850330

Question - Priya Biscuits Ltd. produces 2 biscuits products Creamica and product ButterSalt. Raw materials X and Y are required to manufacture both the products. The following are the estimated data related to some cost and revenue factors for the next year.

Particulars

Product Creamica

Product Butter Salt

Budgeted sales (units)

12,200

9,000

Opening stock of finished goods (units)

1,900

1,300

Closing stock of finished goods (units)

1,700

2,300

Budgeted selling price per unit (Rs.)

26

22

Raw materials per unit of production

 

 

X

4.5 kg

2.5 kg

Y

2 kg

3 kg

Other information:

Particulars

Raw material X

Raw material Y

Opening stock

2,500 kg

1,700 kg

Closing stock

1,500 kg

1,700 kg

Cost per kg of material purchase

Rs. 0.80

Rs. 1.25

Required - Compute the estimated total cost of both the raw materials purchased.

Reference no: EM132850330

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