Question no 3 ka solution kese hoga
July 10, 2024
Do anyone have purushottam sir's costing formula book?
July 10, 2024
Hi have doubt regarding sec 103 Quorum
Agar sec 103 may 'adjourned meeting' may agar ek member Aya aaur baki proxies aaye toh proxies ko bhi deemed member mann jayega kya ? Quorum consider hoga kya
July 9, 2024
Is anyone who has direct entry
July 9, 2024
best classes for ca inter on YouTube? i want it from scratch.
July 9, 2024
Anybody direct entry
July 9, 2024
Should I purchase TAXATION classes from VIJAY SARDA SIR and YASHVANT MANGAL SIR
please suggest faculties for tax
July 9, 2024
Should I purchase FM classes from mohnish vora sir ?
Please suggest faculties for FM
July 9, 2024
Need study partner for group 1 September 24
Interested DM
July 9, 2024
A Company manufactures two Products A and B by making use of two types of materials,
viz., X and Y Product A requires 10 units of X and 3 units of Y Product B requires 5 units of
X and 2 units of Y. The price of X is ` 2 per unit and that of Y is ` 3 per unit. Standard hours
allowed per product are 4 and 3, respectively. Budgeted wages rate is ` 8 per hour.
Overtime premium is 50% and is payable, if a worker works for more than 40 hours a week.
There are 150 workers.
The Sales Manager has estimated the sales of Product A to be 5,000 units and Product B
10,000 units. The target productivity ratio (or efficiency ratio) for the productive hours
worked by the direct worker in actually manufacturing the product is 80%, in addition, the
non - productive downtime is budgeted at 20% of the productive hours worked. There are
twelve 5 day weeks in the budget period and it is anticipated that sales and production will
occur evenly throughout the whole period.
It is anticipated that stock at the beginning of the period will be :
Product A 800 units ; Product B 1,680 units. The targeted closing stock expressed in terms
of anticipated activity during the budget period are Product A 12 days sales ; Product B 18
days sales. The opening and closing stock of raw materials of X and Y will be maintained
according to requirement of stock position for Product A and B.
You are required :
To prepare the following for the next period :
(i) Material usage and Material purchased budget in terms of quantities and values.
(ii) Production budget
(iii) Wages budget for the direct workers.
July 9, 2024