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five (20 marks) thohoyandou manufacturers is preparing its budgets for the period 01 june to...

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Accounting

FIVE (20 Marks) Thohoyandou Manufacturers is preparing its budgets for the period 01 June to 32 October 2023. The following information has been drawn from the budgets prepared in the planning exercise so far: R Sales: June (estimate) 250 000 July (budget) 272 000 August 340 000 September 336 000 October 360 000 Direct labour costs June - August 10% of monthly sales September - October 12% of monthly sales Direct material purchases: June (estimate) 69 000 July (budget)

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