1.

Sales Budget
For 1st Quarter of 2015
Particulars	Units	SP Per Unit	Total Sales
Expected sales for January 2015	1,13,000	12	13,56,000
Expected sales for February 2015	1,12,500	12	13,50,000
Expected sales for March 2015	1,16,000	12	13,92,000
Total	3,41,500		40,98,000

2.

Production Budget
For 1st Quarter of 2015
Particulars	Jan	Feb	Mar
Sale Units for the current month	1,13,000	1,12,500	1,16,000
Less: Opening units	11,300	11,250	11,600
Add: Closing units	11,250	11,600	12,500
Production for the current month	1,12,950	1,12,850	1,16,900

3.

Direct Materials Purchase Budget
For 1st Quarter of 2015
Particulars	Jan	Feb	Mar
Production for the current month	1,12,950	1,12,850	1,16,900
Direct Material Required	2,25,900	2,25,700	2,33,800
Less: Opening Balance of RM	11,295	11,285	11,690
Add: Closing Balance	11,285	11,690	12,625
Direct Material Purchase for the month (units)	2,25,890	2,26,105	2,34,735

4.

Direct Labour Budget
For 1st Quarter of 2015
Particulars	Jan	Feb	Mar
Production for the current month	1,12,950	1,12,850	1,16,900
Labour Time required (Minutes)	13,55,400	13,54,200	14,02,800
Labour Time required (Hours)	22,590	22,570	23,380
Total Labour charges for the month	1,80,720	1,80,560	1,87,040

5.

Indirect materials	6,777	6,771	7,014
Indirect labor	11,295	11,285	11,690
Utilities	10,166	10,157	10,521
Maintenance	5,648	5,643	5,845
Factory supervisor’s salary	42,000	42,000	42,000
Factory Depreciation	16,800	16,800	16,800
Property taxes	2,675	2,675	2,675
Insurance	1,200	1,200	1,200
Repairs	1,300	1,300	1,300
Total Manufacturing Overhead for the month	97,860	97,830	99,045