ABC Ltd. Furnishes the following particulars for preparation of its budgets for the year 2019 Particulars...

ABC Ltd. Furnishes the following particulars for preparation of its budgets for the year 2019

Particulars	Amount (AED)
Sale of Pens	8,000,000
Sale of Copy	2,000,000
Direct Material Cost	4% of sales
Direct Wages	100,000
Remuneration of factory manager	1,000 per month
Stores and spares	1% on sales
Depreciation on plant and machinery	2,000
Light and power	5,000
Factory repairs and maintenance	6,000
Other factory expenses	1 % on direct wages
Administrative, selling and distribution expenses	15,000 per annum

You are required to prepare a Master Budget for the year 2019.

Note: The Answer should be in word or excel format

Expert Solution

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ekkarill92 answered 2 years ago

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