Budget material and labour

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linda1967
linda1967 Registered Posts: 2 New contributor 🐸
in AAT Level 4 (Level 8 in Scotland)
I am doing assignment 2 budget level 4 2013 and I am very stuck in task 3 how to work out the material and labour 3000 units at 6 kilos T £3.00 per kilo labour is 5 hours per product £8 per hour productive hours worked is 90% can any one help in working out how to get the answer

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  • shamil91
    shamil91 Registered Posts: 94 Regular contributor ⭐
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    Hi Linda,

    Please see my dropbox link I have provided a detailed breakdown to help you answer this question plus make it easier for any question next time that you do.

    See link : https://www.dropbox.com/s/koyw0ehbvbl7p4f/Budgeting Question.doc?dl=0

    Hope this helps

    Kind regards

    Shamil Karia
  • hasaf
    hasaf Registered Posts: 2
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    Hi shamil how about the figures of closing stock where that will work out ?
  • shamil91
    shamil91 Registered Posts: 94 Regular contributor ⭐
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    Hi, thank you very much for the message. Sorry for the delayed reply, Saturday was very busy. I will send you a detailed breakdown of an operating budget with explainations. Hope this helps you out.

    Please see link of an example : https://www.dropbox.com/s/koyw0ehbvbl7p4f/Budgeting Question.doc?dl=0

    I do apologise for so many arrows and all but it is a detailed breakdown and should be nice and simple to understand

    Good luck

    Kind regards

    Shamil Karia

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