ACC311 Cost And Management Accountancy

Cost And Management AccountancyTU Board 2023

The following are the information of a organization. MonthsSales (Rs)Purchase (Rs)Wages (Rs)Expenses…

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The following are the information of a organization. MonthsSales (Rs)Purchase (Rs)Wages (Rs)Expenses (Rs)Chaitra200,00050,00022,00015,000Baishakh220,00075,00026,00015,000Jestha180,00055,00028,00016,000Ashadh90,00040,00030,00018,000 Additional Information: ➤ 50% of sales are for cash and rest will be collected in next month. ➤ 40% of the purchase are for cash and the remaining will be paid in the next month. ➤ Wages will be paid after one month. ➤ Expenses are paid when they incurred. ➤ A plant of Rs 90,000 is planned to purchase in Baishakh and will be paid equally in three months (i.e. from Baishakh to Ashadh) ➤ Opening cash balance at Baishakh is Rs 60,000.

Required: Cash budget for Baishakh, Jestha and Ashadh.

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