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kin co budgets to produce 3175000 units in quarter 3 to meetsales demand and to archieve a closing finished goods inventory of 17500 units WHAT IS THE BUDGETED COST OF RAWMATERIALS USAGE IN QUARTER3 TO THE NEAREST THOUSAND DOLLARS? FOR FURTHER DETAILS ITS TAKEN FROM MULT TASK QUESTIONS IN CBE MOCK. QUESTION 2 SECTIONB UNDER STANDARD ABSOPTION production (fill in) than budgeted
The are producing 3175000 units. Each unit requires 3kg of material, and each kg costs $6
So the total budgeted cost (in thousands, as required) is 3175 x 3 x 6 = $57150
Thanks john i dint realise it you just opened my brains bt also question 2 l dont understand how they got 100 units left thank you
I don’t know what 100 you are referring to. None of the ACCA’s own answers to that question are 100 units.
finished products PS per unit TG per uni
x 12 12
y 6 8
direct materials:
desired closing inventory : X= 6000 kg Y=1000 kg
opening inventory : X=5000 kg Y=5000 kgprepare the material usages budget.
i am unable to calculate. please help me.
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