Budgeting is the process of designing, implementing and operating budgets. It is the managerial process of budget planning and preparation, budgetary control and the related procedures. Budgeting is the highest level of accounting in terms of future which indicates a definite course of action and not merely reporting. (https://www.yourarticlelibrary.com > budgeting-accounting. Retrieved 29 April 2021). REQUIRED: Discuss FOUR (4) benefits of budgeting in managerial accounting. (10 Marks) QUESTION 5 (25 MARKS: 60 MINUTES) Sungai Kulim Manufacturing Sdn Bhd reported the following data in March 2021: Fixed cost Variable cost per unit sold RM1.80 RM3.50 Direct material Direct labor Factory overhead Selling Expenses Administrative Expenses RM15,000 RM0.50 RM35,400 REQUIRED: a) Calculate the unit contribution margin if the selling price per unit is RMIO. (5 Marks) b) Calculate the minimum sales (in unit) at the break-even point. (5 Marks) c) Calculate the sales (in RM) that should be made in April 2021 to generate net income of RM27.300 if the selling price remains at RM10 per unit. (7 Marks) d) On 1 May 2021, the company purchases a new machine and its monthly depreciation expenses is estimated at RM2,000. This new machine has increased the sales (in unit) by 10%. Assume that the sales in November is RM200,000 and no changes in selling price and variable cost per unit. Calculate the expected net income in May 2021. (8 Marks)