Company A manufactures product Alpha using 2 types of materials. Namely material X and material Y. Due to prevailing economic headwinds in the country the company has resorted to vigorous cost cutting measures for such a reason, a strict prudent policy has been put in place. In order to ensure customer satisfaction, the company is busy planning for its January 2020 production needs. According to the company's records, November and December sales amount to 210 and 280 units respectively. It takes 2 hours to manufacture a unit at an hourly rate of $12.

Relevant data in respect of producing product Alpha are shown below:

Type of material

X Y

Cost price per kilogram $15 $12

Quantity required per finished goods 3 2

Anticipated finished goods inventory: 30 December 2019 200 110

Anticipated finished goods inventory: 31 January 2020 150 100

Additional information:

Forecast data for January 2020

Cost price per kilogram 250

Quantity required per finished goods $1 500

Anticipated finished goods inventory: 30 December 2019 50

Anticipated finished goods inventory: 31 January 2020 10% of previous month's sales

Calculate:

a)Sales budget

b) Production budget

c)Material purchase budget($)

d)Labour budget($)

e)in what way may a budget aid the business to align its costs to its objectives?