QUESTION 1

i) PERNIAGAAN AISYAH HUMAIRA

SALES BUDGET
FOR THE FIRST MONTHS OF 2022

January February March Total

Expected Unit Sales 20000 22000 24200 66200
Unit Selling Price 20.00 20.00 20.00
Total Sales 400000 440000 484000 1324000

ii) PERNIAGAAN AISYAH HUMAIRA

PRODUCTION BUDGET
FOR THE FIRST MONTHS OF 2022

January February March Total

Expected Unit Sales 20000 22000 24200 66200
(+) Desired Ending Finished Goods Unit 4400 4840 5324 5324
Total Required Unit 24400 26840 29524 71524
(-) Beginning Finished Goods Units 4000 4400 4840 4000
Requires Production Units 20400 22440 24684 67524

PERNIAGAAN AISYAH HUMAIRA

DIRECT MATERIALS BUDGET
FOR THE FIRST MONTHS OF 2022
January February March Total
Units to be produced 20400 22440 24684 67524
(x) Direct Materials Per Unit (kg) 2 2 2 2
Total Needed For Production (kg) 40800 44880 49368 135048
(+) Desired Ending Direct Material (kg) 8976 9873.6 10860.96 10860.96
Total Materials Required (kg) 49776 54753.6 60228.96 145908.96
(-) Beginning Direct Materials (kg) 8160 8976 9873.6 8160
Direct Materials Purchased (kg) 41616 45777.6 50355.36 137748.96
Cost Per Kg 5.00 5.00 5.00 5.00
Total Cost Of Direct Materials Purchased 208080 228888 251776.8 688744.8

PERNIAGAAN AISYAH HUMAIRA

Direct Labor Budget
For The First Months of 2022
January February March Total
Unit to be produced 20400 22440 24684 67524
(x) Direct labor time per unit 0.50 0.50 0.50 0.50
Total required direct labor hours 10200 11220 12342 33762
(x) Direct labor cost per hour 20 20 20 20
Total direct labor cost 204000 224400 246840 675240

PERNIAGAAN AISYAH HUMAIRA

Overhead Budget
For The First Months of 2022
January February March Total
Variable Cost:
Total Variable Cost 51000 56100 61710 168810
Fixed Costs:
Depreciation 1100 1100 1100 3300
Salary-Factory Supervisor 5000 5000 5000 15000
Factory Rental 6500 6500 6500 19500
Total Fixed Cost 12600 12600 12600 37800
Total Manufacturing Overhead 63600 68700 74310 206610
 April
26620

April
27152.4
2
54304.8
Q7

QUESTION 1

i) SYARIKAT MULIA KRISTAL (SMK)

SALES BUDGET
FOR THE FIRST MONTHS OF 2021

January February March

Expected Unit Sales 15000 18000 22000
Unit Selling Price 18.00 18.00 22.00
Total Sales 270000 324000 484000

ii) SYARIKAT MULIA KRISTAL (SMK)

PRODUCTION BUDGET
FOR THE FIRST MONTHS OF 2021

January February March

Expected Unit Sales 15000 18000 22000
(+) Desired Ending Finished Goods Unit 10800 13200 12600
Total Required Unit 25800 31200 34600
(-) Beginning Finished Goods Units 9000 10800 13200
Requires Production Units 16800 20400 21400

SYARIKAT MULIA KRISTAL (SMK)

DIRECT MATERIALS BUDGET
FOR THE FIRST MONTHS OF 2021
January February March
Units to be produced 16800 20400 21400
(x) Direct Materials Per Unit (kg) 1.5 1.5 1.5
Total Needed For Production (kg) 25200 30600 32100
(+) Desired Ending Direct Material (kg) 24480 25680 24120.00
Total Materials Required (kg) 49680 56280 56220.00
(-) Beginning Direct Materials (kg) 20160 24480 25680
Direct Materials Purchased (kg) 29520 31800 30540
Cost Per Kg 1.25 1.25 1.25
Total Cost Of Direct Materials Purchased 36900 39750 38175

SYARIKAT MULIA KRISTAL (SMK)

Direct Labor Budget
For The First Months of 2021
January February March
Unit to be produced 16800 20400 21400
(x) Direct labor time per unit 0.75 0.75 0.75
Total required direct labor hours 12600 15300 16050
(x) Direct labor cost per hour 6 6 6
Total direct labor cost 75600 91800 96300

SYARIKAT MULIA KRISTAL (SMK)

Overhead Budget
For The First Months of 2021
January February March
Variable Cost:
Total Variable Cost 7560 9180 9630
Fixed Costs:
Depreciation 1200 1200 1200
Insurance 1200 1200 1200
Rent 4500 4500 4500
Supervisor Salary 10200 10200 10200
Lubricating Oil 1600 1600 1600
Maintenance 2500 2500 2500
Total Fixed Cost 21200 21200 21200
Total Manufacturing Overhead 28760 30380 30830

SYARIKAT MULIA KRISTAL (SMK)

Schedule of Expected Collections from Customers
For The First Months of 2021
Months
January February March
Account Receivable Dec 31 2020 15000
January 75600 32400
108000
February 90720 38880
129600
March 135520
193600
Total Collections 90600 123120 174400

SYARIKAT MULIA KRISTAL (SMK)

Schedule of Expected Payments from Customers
For The First Months of 2021
Months
January February March
Account Payable Dec 31 2020 16000
January 22140 11070 3690
 36900
February 23850 11925
39750
March 22905
38175
Total Payments 38140 34920 38520

SYARIKAT MULIA KRISTAL (SMK)

Cash Budget
For The First Months of 2021
January February March
Beginning Cash Balance 28250
Add: Receipts
Cash Sales
Collection From Account Receivables
Total Receipts
Total Available Cash
Less: Disbursement
Payments for Accounts Payable
Direct Labour
Selling and administrative exp
Manufacturing Overhead ( less depreciation)
Total Disnursement
Excess (deficiency) of Available Cash
Over Cash Disbursement
Financing
Add: Borrowings
Less: Investment
Ending Cash Balance
Total
55000

1078000

Total April
55000 21000
12600 11700
67600 32700
9000 12600
58600 20100

Total April
58600 20100
1.5 1.5
87900 30150
24120.00
112020.00
20160
91860
1.25
114825

Total
 58600
0.75
43950
6
263700

Total

26370

3600
3600
13500
30600
4800
7500
63600
89970