Pls answer it ASAP, thank you.

Managerial Accounting II EXERCISE: BUDGET Lahwun Trading Sdn Bhd (LTSB) has compiled the following data in order to put together its cash budget for the first quarter of year 2020: January February March Sales (units) 10,000 30,000 40,000 Additional information: (i) The selling price for each unit is RM20. Based on past experience, 40 percent of the total sales is on credit while the remaining sales are by cash. (ii) Accounts receivable from credit sales is projected to be collected 40% in current month; 50% in following month; and the remaining not collectable. (iii) Inventory purchases costs are estimated to be 60% of sales. They are to be paid 30% in the month of purchase and the remaining 70% in the following month. (iv) LTSB employs five workers who are paid monthly RM20,000 in total. (v) Rental and marketing expenses are paid monthly RM35,000 (vi) Other administrative expenses are RM48,000 (including depreciation of RM10,000) (vii) The beginning balance of selected accounts are as follows: Cash RM28,500 Accounts receivable RM35,000 Accounts payable RM55,000 REQUIRED: (a) Prepare a cash budget for January, February, and March of year 2020. (9 Marks) (b) Briefly explain how a business can benefit from cash budget. (1 Mark)