Cot & Cut Led manufactures 1 product, known as 'Zipzap" The following information is given for year 2010: The standard material and labour usage for the product is as follows: Zipzap Material I 10 units Material II 5 units Direct Labour 10 hours Standard material and labour costs (RM) Material I 8.20 per unit Material II 17.00 per unit Direct Labour 14.00 per hour Other relevant data is as follows for the year 2010 Direct material Material I Material II Beginning inventory (units) 8,500 8,000 Ending inventory required (units) 10,200 1,700 Finished product Zipzap Forecast sales (units) 8,500 Selling price per unit RM500 Ending inventory required (units) 1,870 Beginning inventory (units) 170 Required:| Sales budget, Production budget, Direct materials usage and purchase budget, Direct labour budget