6. The budgeted and actual results of Monster Company Limited for September 2015 were as follows: The company uses marginal costing system. There were no opening or closing inventories Required Prepare a budget that will be useful for management control purpose and briefly comment on the company's performance in September 2015. 5. a) Agyasco Ltd, a software company has developed a new game "Lando" which it plans to launch in the near future. Sales volumes, production volumes and selling prices for "Lando" over its four-vear life are expected to be as follows: Financial information on "Lando" for the first year of production is as follows: Direct material cost GHe5.4 per game Other variable production cost GH\&6.00 per game Fixed costs GH 4.00 per game. Advertising costs to simulate demand are expected to be GHe650,000 in the first year of production and GH100,000 in the second year of production. No advertising costs are expected in the third and fourth years of production. Fixed costs represent incremental cash fixed production overheads. "Lando" will be produced on a new production machine costing GH8800,000. Although this production machine is expected to have a useful life of up to 10 years, Government legislation allows Agyasco Ltd to claim the capital cost of the machine against the manufacture of a single product. Capital allowances will therefore be claimed on a straight-line basis over four years. Agyasco Ltd pays tax on profit at a rate of 30% per annum and tax liabilities are settled in the year in which they arise. Agyasco Ltd uses an after-tax discount rate of 10% when appraising new capital investments. Ignore inflation. Required: Calculate the net present value of the proposed investment and comment on your findings. 7. Roxaline Limited makes the following forecast for the financial year ending 31st December, 2014.Material and labor cost should be quoted in the Ghana Cedis (C) Additional information: Budgeted manufacturing overhead amounts to C2,362,000. Overheads are allocated to production on the basis of labor cost. You are required to draft the following for the year ended 31s December, 2014. a. Sales budget b. Production budget c. Direct material usage budget d. Direct material purchase budget e. Direct labor budget f. Manufacturing Overhead budget g. Cost of good sold budget