Prepare Purchases budget for Material Z (in kgs and value) for the year ended 31st March 2025.
CA Intermediate · Cost and Management Accounting · MTP · May 2024
Prepare Purchases budget for Material Z (in kgs and value) for the year ended 31st March 2025.
Suggested Answer and Working Notes:
Purchase budget (in kgs and value) for Material Z Materials to be purchased 1,63,889 kg. (1,47,500 / 0.90) 88,421 kg. (84,000 / 0.95) Total quantity to be purchased
Topics: Unit & Batch Costing, Budgets and Budgetary Control
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