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Bahrain Trading Co. is preparing budgets for next year.
Sales 60,000 units
Selling price per unit 250
Opening stock of finished goods 7,000 units
Closing stock of finished goods 5,000 units
Direct labour 10 per hour
Direct labour hours 2 hours per unit
Prepare the following budgets:
- Sales revenue budget
- Production units budget
- Labour hours and cost budget
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