Pronto Limited is ready to prepare the master budget for the year of 2019. The company uses ll] absorption costing system. The Financial Position as...
10)budget FP
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Pronto Limited is ready to prepare the master budget for the year of 2019. The company uses fill] absorption costing system. The Financial Position as at Slst December 2018 is as follows: Financial Position as at 3lst December 2018 Fixed Assets RMLand and buildingPlant and machinery 20,000 Less: Accumulated depreciation M Current assets Debtors 10,000Bank 10,000Inventory : Materials 4,000Finished goods fl _145,850 Sales and inventory data:East Malaysia West MalaysiaSelling prices Capital RM 100,000 100,000 ordinary shares At RMI each 100,000General Reserve 12,850 _ 14,900 112,850 114,000Current liabilitiesCreditors for materials 20,000Other creditors 13,000 31,850 145,850 g 2,000 units of Product Z and 2,000 units of Product Y. 6,000 units of Product Z and 5,000 units of Product Y. Product Z at RM12 per unitProduct Y at RMZO per unit Planned ending inventory : 400 units of Product Z and 700 units of Product Y Beginning inventory 200 units of Product Z and 350 units of Product Y Additional information for Prontor Limited is as follows:
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