Loxe Sdn Bhd produced and sells three types of products namely BAX, DAX and FAX. The company is in the midst of preparing a budget for the January 2022. Opening stock BAX DAX FAX 63 38 90 Budgeted sales Selling Price (RM) 290 120 120 208 230 51 All three products are made using Material A, Material B. Labour Grade C and Labour Grade D. The quantities are as follows: Material A Material B Labour C Labour D7 hour hour BAX 4 2 3 2 DAX 5 3 5 8 FAX 2 2 2 2 Cost (RM) Rm12 per meter RM7 per square feet RM4 per hour RM6 per hour Opening 142 meters 85 square feet stock Inventory policy: Closing inventory of finished goods-30 per cent of the current sales demand. Closing inventory of materials - 45 per cent of the current materials usage. Required: Prepare the following budgets for each quarter for Lox Sdn Bhd: a. Sales budget. b. Production budget in units. c. Raw material purchases budget in kgs and value for Material A. d. Raw material purchases budget in kgs and value for Material B. e. Direct labour budget for Labour Grade C in hours and RM. Direct labour budget for Labour Grade D in hours and RM