Nike Shirt Bhd produces two type of shirts namely. T-shirt and V-shirt. Planned sales for the year 2021 are as details given below: Product T-shirt V-shirt Units 40,000 75,000 Unit selling price RM50 RM70 Both the products use two types of direct materials, namely Cotton and Silk: Cotton costing RM0.80 per meter. Silk costing RM1.10 per meter. Direct materials usages per unit are: Product T-shirt Cotton 4 meters per unit 5 meters per unit Silk 6 meters per unit 7 meters per unit V-shirt Stocks are estimated to be: Year 2021 Opening Closing Finished units T-shirt V-shirt 7,000 9,200 8.400 8,000 Direct materials (meters) Cotton Silk 30,000 60,000 35.000 65,000 REQUIRED: (a) (b) (c) Prepare the Sales Budget for T-shirt and V-shirt and in total (RM). (7 marks) Prepare the Production Budget in quantities for T-shirt and V-shirt (8 marks) Prepare the Direct Materials Usage Budget for Cotton and Silk in meters only. (7 marks) Prepare the Purchases Budget for direct materials in meters and total value for Cotton and Silk. (8 marks) (d)