Cherish Bliss Bhd manufactures two products Bliss Joy and Cherish Toy for local market. You are provided with the following forecast information relating to production for the year 2020. Forecaster! sales in the 15t half of the year 2020: Bliss Joy (units) Cherish Toy (units) January 10 000 6 000 February 12 000 8 000 March 15 000 10 000 April 18 000 12 000 May 20 000 15 000 June 22 000 18 000 Budgeted selling price per unit for product Bliss Joy and Cherish Toy are RMZU, and RM25 respectively. Material usage per unit Bliss Joy Cherish Toy Wood (RM6/kg) 5kg 2kg Metal (RM4.kag) 3kg 2kg Plastic (RMB/kg} 2 kg 1kg Stocks Finished goods stock at the end of the month is to be maintained at 10% the budgeted sales unit of the following month. There is no work process for all products. The company does not maintain raw material stock as it just in time purchasing system. Direct wages Products Bliss J o Direct wages per unit (RM) Direct wa _es hours - er unit You are required to prepare the following budgets for April 2020; i. Sales budget (3 marks) ii. Production budget (4 marks) iii. Material usage and purchase budget (10 marks) iv. Direct labour cost budget (3 marks) (TOTAL :20 MARKS)