Nii Limited manufactures three products called SI, MI, and LAR. The information given below relates to the month of October, 2011. Product Quantity (Units) Price/Unit (GHC) Sales: SI 1200 80 MI 2400 96 LAR 1800 112 Materials used in the company's Products: Material: MI M2 M3 Unit cost GHC 3 GHC 5 GHC 8 Quantity used in: MA MB MC (Units) (Units) (Units) Product SI 3 1 Product MI 4 4 3 Product LAR 3 2 2 Finished stocks: Product (SI) Product (MI)) Product(LAR) (Units) (Units) (Units) Quantities: 1st October 1200 1800 600 31st October 1320 1980 660 Material stocks: MA MB MC (Units) (Units) (Units) 1st October 31,200 24,000 14,400 31st October 37,440 28,800 17,280 Required: (i) (a) Prepare the following functional budgets for the month of October 2012 for Sales in quantity and value, including total value (ii) Production quantities (iii) Material usage in quantities (iv) Material purchases in quantities and value, including total value. 1 Mark 3 Marks 4 Marks 4 Marks (b) Discuss three (3) examples of 'Non Cash Items' that are expected to be ignored under cash budgeting 3 Marks (Total: 15 Marks)