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plzzz Prepare, direct material, and direct labor for one year. Al Shams...

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Accounting

plzzz Prepare, direct material, and direct labor for one year. image
Al Shams Company is producing tiles and provided the following information to help in preparing the operational budgets for the year 2024: a. Sales for the year are expected to be 9,000,000 units. The monthly sales expected as following: b. The sales price is expected to be OMR19 per unit for the first 6 months and OMR 24 per unit for the last 6 months. Sales in the first month of 2025 are expected to be 23% lower than the budgeted sales for the first months of 2024. c. Management desires to maintain ending finished goods inventories at 30% of next month's budgeted sales units. d. To produce each tile the company requires 5 Kilos of raw materials at a cost of OMR 3.200 per Kilo. e. The Management desires to maintain raw materials inventories at 15% of the next month's production requirements. Assume the production requirements for the first month of 2025 are 200,000 Kilos. f. The Company use 4 hours of direct labour to produce each Tile. The labour hour cost OMR 2.900. Requirements: 1. Prepare, direct material, and direct labor for one year

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