Professional Documents
Culture Documents
Production Budget
Sales (Units)
Add desired closing inventory (0.20 x next month's sales)
Total finished goods requirement
Less opening inventory
Required production (units)
Unit sales
Variable Cost @ Rs 5 per unit
Fixed costs
Total selling and administrative expenses
Units sold
Cost per unit
Variable Rs 29
Fixed (Rs 60000 / 10000 units) Rs 6
Total cost
Opening Balance
Add earnings after taxes
Closing balance
2242900
BUDGETING
MANAGEMENT ACCOUNTING -2
GROUP - 9
April May Amartya Das M17-05
9000 12000 Aniket Kuarane M17-06
2400 3200 Avinash Kaushal M17-09
11400 15200 Biswa Mohan Pati M17-11
-1800 -2400 Ujjwal Rao M17-34
9600 12800
April
9600
x Rs 15
144000
48000
86400
278400
60000
338400
April May
9600 12800
48000 64000
12800
60800
-9600
51200
153600
April
9000
45000
20000
65000
April
9000
x Rs 35
315000
April
450000
2700
447300
315000
132300
2400
129900
65000
64900
22715
42185
April
1026800
42185
1068985
300000
250000
40000
102400 142400
48000
86400
60000
-20000 40000
45000
20000
25000 406800
410500
Assets Amount
Cash 410500
Accounts receivable (Rs 450000 x 0.40) 180000
Inventories:
Raw material (Rs 3 x 12800) 38400
Finished goods (Rs 35 x 2400) 84000 122400
Fixed assets:
Cost 2000000
Less accumulated depreciation 470000 1530000
2242900
)