2:04 AM Sat Tt Q -61% Budget Question 2 Following details were obtained from the factory that produces bottles of vitamins: ? Factory currently (April 2022) produces 5,000 bottles of vitamins. Due to the increasing demand from the athletes, the production is expected to be 6,000 bottles of vitamins (May 2022), 7,500 bottles of vitamins (June 2022), 8,000 bottles of vitamins (July 2022) & 10,000 bottles of vitamins (August 2022). ? The factory is estimated to use 5 litre of nutrition liquid for every bottle it produces. ? Due to the increased production, the factory is estimated to have ending inventory of material (nutrition liquid) equivalent to 20% of the followings month's material (nutrition liquid) usage requirement. All materials (nutrition liquid) will be purchased on credit at @ RM30 per litre of nutrition liquid. The suppliers are estimated to be paid in the month of purchase. ? The factory is also estimated to use 3 hours of direct labour to produce 1 bottle of vitamins. ? Direct labours are expected to be paid at the rate of RM50 per hour. Direct labours are usually paid on 7th of the following month. Prepare: a. Direct material usage and purchase budget (including payment to suppliers) for the month of May, June and July 2022 b. Direct labour budget (including payment to direct labour) for the month of May, June and July 2022