Master Budget Assignment Solution VA

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Data

Data for for Budget Budget Assignment: Assignment: Master Master Budget Budget Case Case for for TToyWorks oyWorks Ltd.Ltd. Version v(A.0)

Version v(A.0)

ffiissaa! ! yyeeaar r eenndd ""##$$DDee

%or t&e year ended Deem'er %or t&e year ended Deem'er estimated sa!es: estimated sa!es:  0000++ ((iin n uunniittss) ) ,,++--000000  0000** ((iin n uunniittss) ) --0000000000  0000 ((iin n uunniittss) ) --0000000000 / /rriie e //eer r uunniit t   ##00..0000

oosst t //eer r uunniit t //rreevviioouus s yyeeaar r   ++..""0 A0 A's'soror//ttiioon n CCoossttiinngg oosst t //eer r uunniit t //rreevviioouus s yyeeaar r   1.1.00--0 V0 Vaarriiaa'!'!e e CCoossttiingng 2a!es /attern 2a!es /attern 33aann ##44 % %ee'' --44 M Maarr ##44 A/r A/r #04#04 M Maayy ##44 33uunn ##44 33uu!! 44 Aug Aug 44 2 2ee// 44 5 5tt ##--44 6 6oovv 0044 D Dee ,,0044 #004 #004 d

deessiirreed d eennddiinng g iinnvveennttoorry y ((ffiinniiss&&eed d ggooooddss)) --44 oof f nnee77t t mmoonntt&&88s s ssaa!!eess renta! ost$$Admn 9 2e!!ing ost

renta! ost$$Admn 9 2e!!ing ost 2 2ee/ /   00000000 5 5t t   00000000 6 6oov v   00000000 D Dee    00000000 a;

a; materia!: materia!: 22A22A

rree<<uuiirreed d ffoor r eeaa& & uunniit t oof f //rroodduutt -- kkgg oosst t //eer r kkii!!ooggrraam m   00..,,- -d

deessiirreed d eennddiinng g iinnvveennttoorry y ((rraa; ; mmaatteerriiaa!!ss)) ,0,044 nnee77t t mmoonntt&&88s s //rroodduuttiioon n nneeeeddss Aounts /aya'!e /ayment /attern:

Aounts /aya'!e /ayment /attern: 0404 in t&e mont& of /ur&asein t&e mont& of /ur&ase ,-4

,-4 in t&e monin t&e mont& fo!!ot& fo!!o;in;ing t&e /ur&g t&e /ur&asease "-4

"-4 in t&e nd moin t&e nd mont& fo!!nt& fo!!o;io;ing t&e /urng t&e /ur&ase&ase Beginning Aounts =aya'!e:

Beginning Aounts =aya'!e: 6

6oovveemm''eer r 22aa!!ees s ++00000000 D

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6ov De 3an %e'

2a!es in units +0000 #-0000 -000 -000

Desired ending inventory "+-00 #-0 1-0

Tota! re<uired #0+-00 #-#-0 ##-0

Less: 'eginning inventory #+-00 "+-00 #-0 =rodution re<uired 0000 ##"+-0 #0000

2AA /er unit - -

-Tota! ra; materia! needed ,-0000 -1*+-0 -0000 desired ending inventory +-00 0000

tota! re<uired 1++-00 -**+-0

Less: 'eginning inventory #*0000 +-00 M to 'e /ur&ased ,+-00 "1#-0

ost /er unit  0.,- 

0.,-Cost of /ur&ases  "*+-  #1-1" 6ov /aid  ,,++-De /aid  #00+,,  "-#" 3an /aya'!e  +*"-1  +"#-" %e' /aya'!e  -1*+  0*,01 Time in /rodution #* minutes or 0."0 &our

rate of /ay  .00 /er &our /er unit varia'!e manufaturing:

>ti!ities  0.10 ?ndiret materia!s  0.0 =!ant maintenane  0."0 @nvironmenta! fee  0.#, 5t&er  0.01  #."0

fi7edmanufaturing: ?nsurane Ta7

training 9 deve!  ,"00 =re/aid ('eg) 1,000 #00

/ro/erty'us ta7  "000 =ur&ased 1000 "100

su/ervisor8s sa!ary  #,,00 >sed 1000 "000

amortiation  #+**00 @nding Ba! 1,000 #*00

insurane  1000

ot&er  ##+100

 1,000

Less: one time /ay  1000 insurane  *000 /er mont&

 "000 =ro/erty ta7  "00 /er mont& from 3an to 3un  ""00 /er mont& from 3u! to De

 #+**00  #,00 /er mont&

as& dis'ursements  ",00 or  #00 /er mont& 2e!!ing and Admin

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Lo;est !eve! of sa!es "+-000 tota! o/erating e7/enses  ++*+#0 ig&est !eve! of sa!es +-0000 tota! o/erating e7/enses  #0,10

=er unit 

0.1-fi7ed  -",10 or  ,,-*0 /er mont&

2a!es o!!etion /attern

urrent mont& --.04 fo!!o;ing mont& "-.04  mont&s after .-4 uno!!eti'!e 0.-4 6ov De Tota! sa!es  +00000  #-00000 6ov o!!eted  "*-000 De o!!eted  ,-000  *-000 3an reeiva'!e  11-00  --000 %e' reeiva'!e  #,-00 tota! reeiva'!e  +",000

Mont&!y ta7 insta!!ments  -000

outstanding from /revious year  #-00 to 'e /aid in A/ri!

?nome ta7 rate -4

%i7ed asset /ur&ase  0,"00

6ov /ayment ,04  *#+0 De /ayment 104  #-*0 =ayment of dividends: Mar  -0000 3un  -0000 2e/  -0000 De  -0000  00000

Minimum 'ank 'a!ane  0000

rate of interest 14 or 0.-04 /er mont&

'orro;ing '!oks  #000

5/ening 'a!ane s&eet

Cas& 

*""1- Aounts reeiva'!e +",000

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?nventory$finis&ed goods

#-=re/aid insurane 1,000

=re/aid ta7 #00

Ca/ita! assets (net) +,000

tota!  #1,10

Aounts /aya'!e  0*,01

?nome ta7 /aya'!e  #-00

Ca/ita! stok  #000000

etained earnings  ,#+*,

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ToyWorks Ltd. Sales Budget

For the year ended December 31, 200

!an Feb "ar #$r "ay !un !ul #ug Se$ %ct &o' Dec (ear

=erent of Annua! 2a!es 1) *) 1) 10) 1) 1) 2) 2) 2) 1*) 20) +0) 100)

@7/eted sa!es in units -000 -000 -000 -0000 -000 -000 #0000 #0000 #0000 +-000 #00000 00000 -00000

2e!!ing /rie /er unit  #0.00  #0.00  #0.00  #0.00  #0.00  #0.00  #0.00  #0.00  #0.00  #0.00  #0.00  #0.00  #0.00

Tota! Budgeted 2a!es  -0000  -0000  -0000  -00000  -0000  -0000  #00000  #00000  #00000  +-0000  #000000  000000  -000000

ToyWorks Ltd.

Schedule o -$ected /ash /ollectons For the year ended December 31, 200

Current mont& sa!es --4  +-00  #"+-00  +-00  +-000  +-00  +-00  --000  --000  --000  ,#-00  --0000  ##00000 +-0000 =rior mont&8s sa!es "-4 --000 #+-00 *+-00 #+-00 #+-000 #+-00 #+-00 "-000 "-000 "-000 1-00 "-0000 #-+-000

T;o mont&s /rior sa!es .-4 11-00 #,-00 ,+-0 "+-0 ,+-0 ,+-00 ,+-0 ,+-0 -00 -00 -00 +#-0 "000

Tota! as& o!!etions  1#000  +-00  ##+-0  "#1-0  0+-0  -00  ++-0  ,+-0  -00  ,-+000  *000  #-#-0  ,+,000

6ov -000

De +00000 #0000

*-000

ToyWorks Ltd.

Schedule o -$ected /ash /ollectons For the year ended December 31, 200

A from 6ovem'er 11-00 11-00

A from Deem'er --000 #,-00 11+-00

3an +-00 #+-00 ,+-0 ,+-0 %e' #"+-00 *+-00 "+-0 ,*+-0 Mar +-00 #+-00 ,+-0 ,+-0 A/r +-000 #+-000 ,+-00 ,+-00 May +-00 #+-00 ,+-0 ,+-0 3une +-00 #+-00 ,+-0 ,+-0 3u!y --000 "-000 -00 -00 August --000 "-000 -00 -00 2e/t --000 "-000 -00 -00 5t ,#-00 1-00 +#-0 +,1-0 6ov --0000 "-0000 00000 De $ $  $ $ $ $  $ $ $ ##00000 ##00000 1#000 +-00 ##+-0 "#1-0 0+-0 -00 ++-0 ,+-0 -00 ,-+000 *000 #-#-0 ,+,000

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ToyWorks Ltd. roducton Budget

Budgeted sa!es in units -000 -000 -000 -0000 -000 -000 #0000 #0000 #0000 +-000 #00000 00000 -00000

1-0 #-0 #-00 #-0 #-0 -00 -00 -00 #*+-0 -000 -0000 #-0 #-0

Tota! needs ##-0 1-0 #+-00 -#-0 1-0 +-00 #-00 #-00 *+-0 #00000 #-0000 0#-0 -0#-0

#-0 1-0 #-0 #-00 #-0 #-0 -00 -00 -00 #*+-0 -000 -0000 #-0

e<uired /rodution #0000 0000 #1-0 "*+-0 -000 1-0 #0000 #0000 1-0 *#-0 #-000 #-#-0 -00000

ToyWorks Ltd.

"anuacturng %'erhead Budget For the year ended December 31, 200

=rodution in >nits #0000 0000 #1-0 "*+-0 -000 1-0 #0000 #0000 1-0 *#-0 #-000 #-#-0 -00000

Varia'!e over&ead rate /er unit  #."0  #."0  #."0  #."0  #."0  #."0  #."0  #."0  #."0  #."0  #."0  #."0  #."0 Varia'!e manufaturing over&ead  #"000  1000  ##-  -0"+-  1-00  *#-  #"000  #"000  ",#-  #0-1-  #1-00  #11-  1-0000 %i7ed manufaturing over&ead:

Training and deve!o/ment "100 "100 "100 "100 "100 "100 "100 "100 "100 "100 "100 "100 ,"00 =ro/erty and 'usiness ta7es "00 "00 "00 "00 "00 "00 ""00 ""00 ""00 ""00 ""00 ""00 "000

2u/ervisor 2a!aries #,-0 #,-0 #,-0 #,-0 #,-0 #,-0 #,-0 #,-0 #,-0 #,-0 #,-0 #,-0 #,,00

Amortiation on e<ui/ment #,00 #,00 #,00 #,00 #,00 #,00 #,00 #,00 #,00 #,00 #,00 #,00 #+**00

?nsurane *000 *000 *000 *000 *000 *000 *000 *000 *000 *000 *000 *000 1000

5t&er *00 *00 *00 *00 *00 *00 *00 *00 *00 *00 *00 *00 ##+100

Tota! fi7ed manufaturing 5 -#-0 -#-0 -#-0 -#-0 -#-0 -#-0 -0-0 -0-0 -0-0 -0-0 -0-0 -0-0 1,000

Tota! manufaturing 5 1,-0 ++-0 +"0+- #0"- -*,-0 100+- 1-0-0 1-0-0 *1#+- #-+1+- #,--0 ,*1+- #+,000

Less /re/aid /ro/erty ta7 "00 "00 "00 "00 "00 "00 ""00 ""00 ""00 ""00 ""00 ""00 "000

Less /re/aid insurane *000 *000 *000 *000 *000 *000 *000 *000 *000 *000 *000 *000 1000

Less amortiation #,00 #,00 #,00 #,00 #,00 #,00 #,00 #,00 #,00 #,00 #,00 #,00 #+**00

 "**-0  -#*-0  ,1+-  +1-  ""-0  ""+-  "**-0  "**-0  -+-  #"#,+-  #**"-0  ,+-  1000 Add desired ending inventory of

finis&ed goods

Less 'eginning inventory of finis&ed goods

Cas& dis'ursements for manufaturing 5

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ToyWorks Ltd.

Drect "aterals Budget  S## klograms4 For the year ended December 31, 200

>nits to 'e /rodued #0000 0000 #1-0 "*+-0 -000 1-0 #0000 #0000 1-0 *#-0 #-000 #-#-0 -00000

a; Materia!s needed /er unit - - -

-=rodution needs -0000 #00000 *#-0 #"+-0 -000 "#-0 -0000 -0000 #"#-0 ,01-0 1-000 +-1-0 -00000

Add desired ending inventory ,0000 "-00 ++-00 #0000 #-00 0000 0000 --00 #1-00 -0000 "0-00 0000 0000

Tota! needs 0000 #"-00 #-*+-0 0"+-0 "+-00 -#-0 +0000 #0-00 "+-0 1-1-0 +-00 ++1-0 -0000

Less 'eginning inventory 0000 ,0000 "-00 ++-00 #0000 #-00 0000 0000 --00 #1-00 -0000 "0-00 0000

a; materia!s to 'e /ur&ased +0000 -00 #1-0 #1-0 +-00 "*+-0 -0000 *-00 ,#-0 ,"+-0 1++-00 ,+"+-0 -00000

Cost of 2AA /er ki!ogram  0.,-  0.,-  0.,-  0.,-  0.,-  0.,-  0.,-  0.,-  0.,-  0.,-  0.,-  0.,- 

0.,-Tota! ost of /ur&ases of 2AA  "#-00  ,#1-  -1*#"  -1*#"  #"+-  #+,"*  -00  "+#-  #0*-1"  #**  "0,*+-  #"#**  ##-000

ToyWorks Ltd.

Schedule o -$ected /ash Dsbursement or urchases o 5a6 "ateral S## For the year ended December 31, 200

Current mont&8s /ur&ases 04  1"00  *"-  ##"1"  ##"1"  ,+-  ",**  ,-00  +,-  #+#"  ,,,"*  10+-  ,1"*  -000 =rior mont&8s /ur&ases ,-4 +*"-1 #,#+- #*+"# --11 --11 --1 +*,+ #0#- #1+01 ,**-" *, #"+#, ,**1+ T;o mont&8s /rior /ur&ases "-4 _+"#-" _-1*+ _##0- _#,-1 _#**, _#**, _,""# _1#0" _+*+- _{#,} _"++ _+++11 _",,+*

 #-+*0  +"+  ,###  -#,+  ,+-  *,#  #11+*  "1-"  ,1,  #01*,  #*-1  -+-+  #0-1#-0

ToyWorks Ltd.

Schedule o -$ected /ash Dsbursement or urchases o 5a6 "ateral S## For the year ended December 31, 200

A= from 6ovem'er +*"-1 +*"-1

A= from Deem'er +"#-" -1*+ #"00-0

3an 1"00 #,#+- ##0- "#-00 %e' *"- #*+"# #,-1 ,#1-Mar ##"1" --11 #**, -1*#" A/r ##"1" --11 #**, -1*#" May ,+- --1 ,""# #"+-3un ",** +*,+ 1#0" #+,"* 3u! ,-00 #0#- +*+- -00 Aug +,- #1+01 #, "+#-2e/ #+#" ,**-" "++ #0*-1" 5t ,,,"* *, +++11 #** 6ov 10+- #"+#, #*#1 De $ $ $ $ $ $ $  $ $ $ ,1"* ,1"* #-+*0 +"+ ,### -#,+ ,+- *,# #11+* "1-" ,1, #01*, #*-1 -+-+ #0-1#-0 #01+01 -", 0*,01 +,1#1 ++-1 Tota! as& di s'ursements for

(12)

ToyWorks Ltd. Drect Labour Budget For the year ended December 31, 200

>nits to 'e =rodued #0000 0000 #1-0 "*+-0 -000 1-0 #0000 #0000 1-0 *#-0 #-000 #-#-0 -00000 Diret La'our time /er unit (&ours)

0."0 0."0 0."0 0."0 0."0 0."0 0."0 0."0 0."0 0."0 0."0 0."0 0."0 "000 1000 ,*+- ##1- #-00 #*+- "000 "000 +*+- ,"+- "+-00 ,-"+- #-0000 Diret La'our ost /er &our  .00  .00  .00  .00  .00  .00  .00  .00  .00  .00  .00  .00  .00 Tota! diret !a'our ost  +000  -,000  ,"*+-  #0,1-  #"-00  #1*+-  +000  +000  +0*+-  #"+-  ""+-00  ,0*"+-  #"-0000

Tota! &ours of diret !a'our time needed

(13)

ToyWorks Ltd.

Sellng and #dmnstrat'e -$ense Budget For the year ended December 31, 200

Budgeted sa!es in units -000 -000 -000 -0000 -000 -000 #0000 #0000 #0000 +-000 #00000 00000 -00000

 0.1-  0.1-  0.1-  0.1-  0.1-  0.1-  0.1-  0.1-  0.1-  0.1-  0.1-  0.1-  0.1-Varia'!e e7/enses  "-0  #1-0  "-0  "-00  "-0  "-0  1-00  1-00  1-00  ,*+-0  1-000  #"0000  "-000 ,,-*0 ,,-*0 ,,-*0 ,,-*0 ,,-*0 ,,-*0 ,,-*0 ,,-*0 ,,-*0 ,,-*0 ,,-*0 ,,-*0 -",10 Bad De'ts -0 #-0 -0 -00 -0 -0 -00 -00 -00 "+-0 -000 #0000 -000 Ware&ouse renta! $ $ $ $ $ $ $ $ 0000 0000 0000 0000 *0000  ,*0*0  10*0  ,*0*0  +-*0  ,*0*0  ,*0*0  -#-*0  -#-*0  +#-*0  ##+0*0  #",-*0  0,-*0  1,10 Less: non$as& items

Bad de't e7/ense  -0  #-0  -0  -00  -0  -0  -00  -00  -00  "+-0  -000  #0000 -000

 ,+*"0  10*"0  ,+*"0  ++0*0  ,+*"0  ,+*"0  -#0*0  -#0*0  +#0*0  ##"""0  #-*0  #,-*0  "10

Varia'!e rate /er unit: Total /osts 7nts

ig&  #0,10 +-0000

Lo;  ++*+#0 "+-000

C&ange  ,"+-0 "+-000

Varia'!e rate /er unit  0.1-00 %i7ed e7/enses /er year  -",10 Varia'!e se!!ing and administrative

e7/ense /er unit

%i7ed se!!ing and administrative e7/enses

Tota! 'udgeted se!!ing and administrative e7/enses

(14)

ToyWorks Ltd.

-ndng Fnshed 8oods 9n'entory Budget #bsor$ton /ostng4 For the year ended December 31, 200

9tem :uantty /ost;unt Total

=rodution ost /er unit:

Diret materia!s: -.00 kg. 0.,-

.-Diret La'our 0."0 &r .00 .+0

Manufaturing over&ead #.00 unit .--

.-->nit/rodutost +.-0

Budgeted finis&ed goods inventory:

@nding finis&ed goods inventory in units #-0

>nit /rodut osts (see a'ove)  +.-0

@nding finis&ed goods inventory in do!!ars  "+"

Budgeted ost of goods so!d:

Beginning finis&ed goods inventory

#-=!us ost of goods manufatured "+,000

Less: endinginventory "+"

Budgeted ost of goods so!d in do!!ars: "+,*+-"

ToyWorks Ltd.

-ndng Fnshed 8oods 9n'entory Budget <arable /ostng4 For the year ended December 31, 200

9tem :uantty /ost;unt Total

=rodution ost /er unit:

Diret materia!s: -.00 kg. 0.,-

.-Diret La'our 0."0 &r .00 .+0

Manufaturing over&ead #.00 unit #."0 #."0

>nit/rodutost

1.-Budgeted finis&ed goods inventory:

@nding finis&ed goods inventory in units #-0

>nit /rodut osts (see a'ove) 

1.-@nding finis&ed goods inventory in do!!ars  +*#"

Budgeted ost of goods so!d:

Beginning finis&ed goods inventory

+-1-=!us ost of goods manufatured "#-000

Less: endinginventory +*#"

(15)

ToyWorks Ltd. /ash Budget

Cas& 'a!ane 'eginning  *""1-  ,-*+1  ,+  "-+-0  ""+-+"  "*#*  1*,*  0+#"  #-1"01  0+-*  0*1*  0+"  *""1- Add reei/ts:

Co!!etions from ustomers 1#000 +-00 ##+-0 "#1-0 0+-0 -00 ++-0 ,+-0 -00 ,-+000 *000 #-#-0 ,+,000 Tota! as& avai!a'!e 'efore finaning +0"1- +""+1 -0, 1+"-00 -,,*" ,0+#* ",-+,* "0#** --*01 ,+++-* *,*1* #-,#* ,*0+"1-Less dis'ursements:

Diret materia!s #-+*0 +"+ ,### -#,+ ,+- *,# #11+* "1-" ,1, # 01*, #*-1  -+-+ #0-1#-0 Diret !a'our +000 -,000 ,"*+- #0,1- #"-00 #1*+- +000 +000 +0*+- #"+- ""+-00 ,0*"+- #"-0000 Manufaturing over&ead "**-0 -#*-0 ,1+- +1- ""-0 ""+- "**-0 "**-0 -+- #"#,+- #**"-0 ,+- 1000 2e!!ing and administrative e7/enses ,+*"0 10*"0 ,+*"0 ++0*0 ,+*"0 ,+*"0 -#0*0 -#0*0 +#0*0 ##"""0 #-*0 #,-*0 "10 Ta7 remittane -000 -000 -000 -000 -000 -000 -000 -000 -000 -000 -000 -000 10000

Ta7 /aya'!e $ $ $ #-00 $ $  $ $ $ $  #-00

=re/aid insurane $ $ $  $ $  $ 1000 $ $  1000

=re/aid /ro/erty and 'usiness ta7 "100 "100

Ca/ita! asset /ur&ases $ $ $  $ $  $ $ $ *#+0 #-*0 0,"00

Dividend /ayment $ $ -0000 $ $ -0000 $ $ -0000 $ $ -0000 00000

Tota! dis'ursements +1,* -#0++ ",+ ""-+ #,110- # #"*10* #,--*" ", -+-,1, ,##01 #1010+ ,++#0 ,-*+1 ,+ "-+-0 ""+-+" "*#* 1*,* 0+#" #-1"01 $ #,",#* $ ++0+ $ *"* *#"+- $ #0",-%inaning:

Borro;ing (at t&e 'eginning of t&e mont&) #1-000 #0000 ##000 ,01000

e/ayment(att&eendoft&emont&) -000 -000

?nterest e7/ense (/aid mont&!y) $ $ $ $ $ $ $ $ *- #,-  0"0 0"0 1"#0

Tota! finaning $ $ $ $ $ $ $ $ #1,#+- ##*-+- ##*+0 $ 1#0"0 #,010

Cas& 'a!ane ending  ,-*+1  ,+  "-+-0  ""+-+"  "*#*  1*,*  0+#"  #-1"01  0+-*  0*1*  0+"  0",- 

0",-unning tota! $ $ $ $ $ $ $ $ #1-000 *-000 ,01000 #,+000

@7ess (defiieny) of as& avai!a'!e over dis'ursements

(16)

ToyWorks Ltd.

Budgeted 9ncome Statement For the year ended December 31, 200

2a!es  -000000

Costof goodsso!d "+,*+-"

ErossMargin #-#,*

Less:

2e!!ing 9 administrative e7/enses 1,10

6et o/erating inome *1**

Less: ?nterest e7/ense 1"#0

6et inome 'efore ta7es ++*

?nometa7es 1,

6et?nome  0*"

ToyWorks Ltd.

Budgeted Statement o 5etaned -arnngs For the year ended December 31, 200

etained earnings 'eginning of year  ,#+*,

=!us:6et?nome 0*"

2u'$tota! 1+1+

Less: Dividends de!ared 00000

etained earnings end of year  ,+1+

ToyWorks Ltd. Budgeted Balance Sheet

December 31, 200 #ssets

Cas& 

0",- Aounts eeiva'!e *-000

?nventory: a; Materia!s 000

?nventory: %inis&ed goods "+"

=re/aid?nsurane 1,000

=re/aid =ro/erty and Business Ta7 #*00

Ca/ita! assets (net) +,-00

Tota!Assets  #*-+0#*

Labltes and Shareholders= ->uty Lia'i!ities

Bank Loan=aya'!e  #,+000

Aounts /aya'!e ++-1

?nome ta7es /aya'!e ,

Tota!Lia'i!ities ,",-#

2&are&o!ders8 @<uity

Ca/ita!stok #000000

etainedearnings ,+1+

Tota! 2&are&o!ders8 e<uity #,+1+

(17)

ToyWorks Ltd.

Budgeted 9ncome Statement For the year ended December 31, 200

Master Budget Assignment Solution VA

2a!es



-000000

Less: Varia'!e osts

Varia'!e ost of goods so!d

"#,+-"

Varia'!e se!!ing 9 admin e7/enses

"-000

",,+-"

Contri'ution

Margin

#--0,*

Less: %i7ed osts

Manufaturing over&ead

1,000

2e!!ing 9 administrative e7/enses

1"10

#1"10

6et

o/erating

inome

*1**

Less:

?nterest

e7/ense

1"#0

6et

inome

'efore

ta7es

++*

?nome

ta7es

1,