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  • CNA33A3 2024 Unit 2 Lab Data Set

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    realfeelanime
    9 views6 pages
    The document contains 4 questions with budgets for sales, production, materials, labor, and manufacturing overheads for different products/animals. Question 1 includes mini and maxi products/animals and question 2 includes cattle and horse. Question 3 contains receipts and payment schedules for Shine Wholesalers. Question 4 shows a flex budget and actual results for small and medium products/animals with variances and follow ups.

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    CNA33A3 2024 Unit 2 Lab Data Set (1)

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    The document contains 4 questions with budgets for sales, production, materials, labor, and manufacturing overheads for different products/animals. Question 1 includes mini and maxi products/animals and question 2 includes cattle and horse. Question 3 contains receipts and payment schedules for Shine Wholesalers. Question 4 shows a flex budget and actual results for small and medium products/animals with variances and follow ups.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views6 pages

    CNA33A3 2024 Unit 2 Lab Data Set

    Uploaded by

    realfeelanime
    The document contains 4 questions with budgets for sales, production, materials, labor, and manufacturing overheads for different products/animals. Question 1 includes mini and maxi products/animals and question 2 includes cattle and horse. Question 3 contains receipts and payment schedules for Shine Wholesalers. Question 4 shows a flex budget and actual results for small and medium products/animals with variances and follow ups.

    Copyright:

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

    732645442.

    xlsx

    Question 1 No data set


    1.1 Sales budget
    Units Unit price Sales value
    Mini
    Maxi

    1.2 Production budget


    Mini Maxi
    Needed for sales
    + Closing inventory
    Total needed
    - Opening inventory
    = Production

    1.3 Material purchases budget


    Metal Plastic
    Usage per product:
    Mini
    Maxi
    Total usage
    Mini
    Maxi
    + Closing inventory
    Total needed
    - Opening inventory
    Purchases
    Price per unit
    Cost of purchases
    Total

    1.4 Direct labour budget


    Mini Maxi
    Hours needed per product
    Hrs Rate per hour Labour cost
    Mini
    Maxi

    Q1 Page 1 of 6 03/06/2024 08:13:50


    732645442.xlsx

    1.5 Manufacturing overheads budget


    Hours Rate per hour Cost
    Variable MOH:
    Mini
    Maxi
    Variable MOH
    Fixed MOH

    Q1 Page 2 of 6 03/06/2024 08:13:50


    732645442.xlsx

    Question 2
    2.1 Sales budget
    Units Unit price Sales value
    Cattle
    Horse

    2.2 Production budget


    Cattle Horse
    Needed for sales
    + Closing inventory
    Total needed
    - Opening inventory
    = Production

    2.3 Material purchases budget


    Molasses Urea Salt
    Usage per product: Kg Kg Kg
    Cattle
    Horse
    Total usage
    Cattle
    Horse
    + Closing inventory
    Total needed
    - Opening inventory
    Purchases
    Price per kg
    Cost of purchases
    Total

    2.4 Direct labour budget


    Cattle Horse
    Hours needed per product
    Hrs Rate per hour Labour cost
    Cattle
    Horse

    Q2 Page 3 of 6 03/06/2024 08:13:50


    732645442.xlsx

    2.5 Manufacturing overheads budget


    Cattle Horse
    Hours needed per product
    Hours Rate per hour Cost
    Variable MOH:
    Cattle
    Horse
    Variable MOH
    Fixed MOH

    Q2 Page 4 of 6 03/06/2024 08:13:50


    732645442.xlsx

    Question 3
    Shine Wholesalers
    Receipts Sept Oct
    Cash
    30 days
    60 days
    Total receipts
    Payments
    Salaries
    Purchases
    Other overheads
    Rent
    Total payments

    Cash surplus/(deficit)
    Opening balance
    Closing balance

    Workings:
    Cash %
    Discount %
    30 days 60 days
    Credit %

    Sales value
    Received in:
    Cash
    30 days
    60 days
    July Aug Sept Oct
    Purchases
    30 days
    60 days
    30 days payment
    60 days payment

    Q3 Page 5 of 6 03/06/2024 08:13:50


    732645442.xlsx

    Question 4

    4.1 Flex Actual Variance F/U


    Total sales value
    Small
    Medium

    Copper
    Small
    Medium

    Direct labour
    Small
    Medium

    VMOH
    Small
    Medium

    Fixed MOH

    Profit

    Q4 Page 6 of 6 03/06/2024 08:13:50

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