Applied Management Accounting, workbook Task 2.1 Using Budgets

emanneh
emanneh Registered Posts: 20 New contributor 🐸
Osborne Books
Applied Management Accounting, workbook
Task 2.1 Using Budgets

Please can someone help to show me the working of this task.

Comments

  • TomClark99
    TomClark99 Registered Posts: 24 New contributor 🐸
    Correct me if I am wrong however this is how I would work it out: Firstly work out sales: (Units sold x (budget sales/ budget sold) = 3000*15=4500)) next materials = ((3500*1.5) *1.80) = 9450) Next Labour = 875 hours (3500/4) so 800x12= 9600 + 1350 = 10950 Next Variable production = 1750 ((20000/40000) * 3500) & fixed =18,000
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