Math Problem Solver

Concorde Ltd.'s next month's budget for two products, Product-A and Product-B.

Key details include:

* *Budgeted sales:* 2,400 units of Product-A and 3,600 units of Product-B.

* *Budgeted material consumption per unit:*

* Product-A: 5 kg of Material-X and 4 kg of Material-Y.

* Product-B: 3 kg of Material-X and 6 kg of Material-Y.

* *Standard labour hours allowed per unit:* 3 hours for Product-A and 5 hours for Product-B.

* *Material and Labour Costs:* Material-X costs ₹4/kg, Material-Y costs ₹6/kg, and labour costs ₹25/hour (with 50% overtime for over 40 hours/week). There are 180 direct workers.

* *Target Productivity Ratio:* 80% for productive hours worked by direct workers.

* *Non-productive downtime:* Budgeted at 20% of productive hours.

* *Budget Period:* Four 5-day weeks.

* *Beginning Stock:* 400 units of Product-A, 200 units of Product-B, and 1,000 kg of Material-X.This image provides additional information for Concorde Ltd.'s budget and states the requirements for calculation.

*Additional Information:*

* *Beginning Stock (continued):* 500 kg of Material-Y.

* *Anticipated Closing Stocks:*

* Product-A: 4 days of sales.

* Product-B: 5 days of sales.

* Material-X: 10 days of consumption.

* Material-Y: 6 days of consumption.

*Requirement:*

* Calculate the Material Purchase Budget and the Wages Budget for the direct workers for the next month, showing quantities and values