Solution-Make production cost budget for the same period

Make production cost budget for the same period

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Reference no: EM132830372

Question - Information pertaining to a company sales of last six months of 2019 (and of only sales for January 2020 is as follows

(i) The units to be sold in different months are: July: 2,200, August: 2,200, September: 3,400, October: 4,000, November: 4,800, December: 4,800 ,January 2020: 4,000.

(ii) There will be no work-in-progress at the end of any month.

(iii) Finished units equal to half the sales for the next month will be in stock at the end of every month (including June 2019).

(iv) Budgeted Production and production costs for the year ending Dec. 2019 are as thus:

Production units: 44,000 ,Direct materials per unit: $10.00, Direct Wages per unit: $4.00

Total Factory Overheads apportioned to a product: $88,000

REQUIRED -

(a) Make production budget for the last three months of 2019in the data;

(b) Make production cost budget for the same period. (calculate the total production cost for std: sales).

Reference no: EM132830372

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Make production cost budget for the same period

Reference no: EM132830372

Reference no: EM132830372

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