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    Sales Budget

    Uploaded by

    sadat.anonto
    1. The document provides sales, production, materials, labor, overhead, and cash budgets for 2019 and 2020. 2. Key figures include projected unit sales of 4830 in 2019 and 2898 in 2020, total sales of $1,593,900 in 2019 and $1,051,974 in 2020, and materials, labor, overhead and administrative costs associated with the projected production levels for each year. 3. The cash budgets project beginning balances of $500,000 in 2019 and $461,568.65 in 2020, and calculate cash collections, payments, and ending balances for each year.

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    Sales Budget

    Uploaded by

    sadat.anonto
    5 views6 pages
    1. The document provides sales, production, materials, labor, overhead, and cash budgets for 2019 and 2020. 2. Key figures include projected unit sales of 4830 in 2019 and 2898 in 2020, total sales of $1,593,900 in 2019 and $1,051,974 in 2020, and materials, labor, overhead and administrative costs associated with the projected production levels for each year. 3. The cash budgets project beginning balances of $500,000 in 2019 and $461,568.65 in 2020, and calculate cash collections, payments, and ending balances for each year.

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    ACT30 Project

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    1. The document provides sales, production, materials, labor, overhead, and cash budgets for 2019 and 2020. 2. Key figures include projected unit sales of 4830 in 2019 and 2898 in 2020, total sales of $1,593,900 in 2019 and $1,051,974 in 2020, and materials, labor, overhead and administrative costs associated with the projected production levels for each year. 3. The cash budgets project beginning balances of $500,000 in 2019 and $461,568.65 in 2020, and calculate cash collections, payments, and ending balances for each year.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    5 views6 pages

    Sales Budget

    Uploaded by

    sadat.anonto
    1. The document provides sales, production, materials, labor, overhead, and cash budgets for 2019 and 2020. 2. Key figures include projected unit sales of 4830 in 2019 and 2898 in 2020, total sales of $1,593,900 in 2019 and $1,051,974 in 2020, and materials, labor, overhead and administrative costs associated with the projected production levels for each year. 3. The cash budgets project beginning balances of $500,000 in 2019 and $461,568.65 in 2020, and calculate cash collections, payments, and ending balances for each year.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 6

    Sales Budget 2019 2020

    4830 Units 2898 units


    Total Units
    330 TK 363 Tk
    Selling Price / Unit

    1593900 TK 1051974 Tk
    Total Sales

    2019

    Boxes sold each


    month 350
    Box sold in
    2018(350x12) 4200 units
    Annual sales growth
    15%
    Budgeted sales in (4200
    2019 ( X15%) 4830 units

    Expected Cash
    Collection
    2019 2020
    459043
    Beginning Balance Tk. 500000
    Total Sales 578585
    Collectibles Tk. 1530144

    1037628
    Total Cash Collection Tk. 2030144
    Production Budget
    2019 2020
    Budgeted Sales 4830 Units 2898 unit
    Add: Ending Inventory 483 Units 145 units

    Production 5313 Units 3043 Units


    Less: (Beginning Inventory) 504 Units 483 unit

    Units To be Produced 4809 Units 2560 units

    Direct Materials Budget


    2019 2020
    Units To Be Produced 4809 Units 2560 Units
    Raw Material Needed 0.89 Litres 0.890 L

    Total Raw Material Needed 4280.01 Litres 2274.4 L


    Add: Ending Inventory 428.97 Litres 129.05 L
    3851.04 Litres 428.97 L
    Less: (Beginning Inventory) 448.56 Litres
    Raw Material to be Purchased 4260.42 Litres 1947.48 L
    Cost per Unit 80 TK 92 TK

    Total Cost Tk. 340833.60 179168.16 TK

    Expected Cash Payment


    2019 2020
    Beginning Balance TK. 13100.8
    68867 Tk
    Add: 2019 Purchases
    (340833x80%) TK 272666.4 143334.5 TK

    Total Cash Disbursement TK. 285767.2 150201.5 TK

    Direct Labor Budget


    2019 2020
    Units to be Produced 48090 Unit 2560 unit
    Direct Labor per Unit 0.505 Hr 0.809 Hr

    Total Direct Labor Hour


    Needed 2428.545 Hr 2071.04 Hr
    Direct Labor/Hour Cost 150 TK 150 Taka

    Total Direct Labour Cost TK. 364281.75 310656 Tk


    Manufacturing Overhead Budget
    2019 2020
    Budgeted Production 4809 TK 2560 units
    Variable MOH 10 TK 6 TK

    Total Variable MOH 48090 TK 15360 TK


    Fixed MOH 216000 TK 30000 TK

    Total MOH 264090 TK 45360 TK


    Less: (Non Cash Expense) 19090 TK 5360 TK

    Cash payment For MOH 245000 Tk 40000 TK

    Selling and Administrative Budget


    2019 2020
    4830 units 2898 Units
    Budgeted Sales
    2 TK 1 Tk
    Variable Selling and Administrative Cost per Unit
    9660 TK 2898 Tk
    Total Variable Cost

    Add: Fixed Selling and Administrative Cost


    648000 TK 540000 Tk
    Rent

    288000 TK 180000 Tk
    Utility

    216000 TK 96000 Tk
    Salary
    1161660 TK 818898 Tk
    Total Expense
    43200 TK 24000 Tk
    Less: Non Cash Expense
    1118460 TK

    794898 Tk
    cash Needed for Selling and Administrative Expense

    Cash Budget for 2019 and 2020


    2019 2020
    Beginning Cash Balance 500000 461568.65
    Add: Cash Collections 2030144 1037628
    Total Cash Available 2530144 1499196.65

    Less: (Cash Disbursements)


    Direct Materials 340833.6 179168
    Direct Labor 364281.75 310656
    Manufacturing Overhead 245000 40000
    Selling & Administrative Cost 1118460 818898
    Total Payment 2068575.35 1348722

    Cash Available after Payment 461568.65 150474.65

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