Furniture, Inc., estimates the following number of latex mattress sales at selling price RM350 for the four quarters of 2021: 1st Quarter 2021 32,000 to be sold 2nd Quarter 2021 36,800 to be sold 3rd Quarter 2021 29,600 to be sold 4th Quarter 2021 43,200 to be sold The predicted sales of the following quarter will determine the required finished goods inventory of a quarter. The company decided to set it at 20% of predicted sales. As for direct materials, the required ending inventory balance was set at 30% of the production requirements of the following quarter. Finished goods inventory at the end of December 2020 is 7,100 units and direct material for rubber is 500 kgs. Furniture Inc. needs 15 kgs of rubber to produce one unit of mattress at a purchase price of RM10 per kg and they used 3 hours of direct labour at rate of RM12 per hour. Required: i. Based on the information given, you are required to prepare the following budget for; a. Sales Budget for each quarter b. Production Budget for first and second quarter c. Direct Material budgets (usage budget and purchases budget) for first quarter d. Direct Labour Budget for first quarter