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  • Session#16

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    Vaibhav Agrawal BJ22050
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    The document contains two tables. The first table shows a flexible budget with capacity utilization levels of 60%, 80%, and 100%. It includes direct material costs, direct labor costs, and manufacturing overhead expenses that are either fixed, semi-variable, or variable costs. The second table shows a cash budget for three months with opening and closing cash balances, cash receipts from sales and collections, cash payments to creditors and expenses, and advance received and loans taken/repaid.

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    The document contains two tables. The first table shows a flexible budget with capacity utilization levels of 60%, 80%, and 100%. It includes direct material costs, direct labor costs, and manufacturing overhead expenses that are either fixed, semi-variable, or variable costs. The second table shows a cash budget for three months with opening and closing cash balances, cash receipts from sales and collections, cash payments to creditors and expenses, and advance received and loans taken/repaid.

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    Download as XLSX, PDF, TXT or read online from Scribd
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    9 views2 pages

    Session#16

    Uploaded by

    Vaibhav Agrawal BJ22050
    The document contains two tables. The first table shows a flexible budget with capacity utilization levels of 60%, 80%, and 100%. It includes direct material costs, direct labor costs, and manufacturing overhead expenses that are either fixed, semi-variable, or variable costs. The second table shows a cash budget for three months with opening and closing cash balances, cash receipts from sales and collections, cash payments to creditors and expenses, and advance received and loans taken/repaid.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 2

    FLEXIBLE BUDGETS Oct-20 Oct-20 Oct-20

    CAPACITY UTILIZATION (%) 60% 80% 100%


    UNITS PRODUCED 2400 3200 4000
    Rs Rs Rs

    Direct Material Cost 2400 3200 4000


    Direct Labour Cost 960 1280 1600

    Manufacturing Overhead Expenses

    Salaries (Fixed) 1000 1000 1000


    Depreciation Charges (Fixed) 1400 1400 1400

    Repair & Maintenance Cost (Semi Variable) 470 530 590


    Power Cost (Semi Variable) 1700 1900 2100
    Inspection Cost (Semi Variable) 180 220 260

    Shop Labour Cost (Variable) 600 800 1000


    Consumable Stores (Variable) 1200 1600 2000

    BUDGETED WORKS COST 9910 11930 13950


    CASH BUDGETS Oct-20 Nov-20 Dec-20
    Rs '000 Rs '000 Rs '000

    Opening Cash Balance (As on opening day of the month) 8.00 15.78 19.36

    CASH RECEIPTS
    Cash Sales 4.60 5.00 6.00
    Collection from Customers 36.90 39.60 43.20
    Advance Received 0.00 0.00 20.00
    Unsecured Loans Taken 4.00 0.00

    TOTAL OF CASH RECEIPTS 45.50 44.60 69.20

    CASH PAYMENTS
    Payment to Creditors (Against Purchases) 20.40 20.00 19.60
    Wages Paid 7.92 8.32 8.88
    Overhead Expenditure Paid 4.40 4.70 4.90
    Monthly Installments 5.00 5.00 5.00
    Dividend Paid 0.00 0.00 30.00
    Advance Income Tax 0.00 0.00 5.00
    Repayment of Unsecured Loans 0.00 3.00 0.00

    TOTAL OF CASH PAYMENTS 37.72 41.02 73.38

    Closing Cash Balance (As on the closing month-end date) 15.78 19.36 15.18

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