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Pls attach the answer in detailed.tq QUESTION 2 Slaf Company is preparing its master budget for 2017. Relevant data pertaining to its sales, production, and

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Pls attach the answer in detailed.tq

QUESTION 2 Slaf Company is preparing its master budget for 2017. Relevant data pertaining to its sales, production, and direct materials budgets are as follows. Sales uarter Expected Sales (units) 480,000 600,000 720,000 600,000 Sales in the first quarter of 2018 is expected to be 10% higher than the budgeted sales for the first quarter of 2017 Production Management desires to maintain the ending finished goods inventories at 25% of the next quarter's budgeted sales volume. Direct materials Each unit requires 3 kilograms of raw materials at a cost of RM5 per kilogram Management decided to maintain raw materials inventories at 5% of the next quarter's production requirements. Assume the production requirements for the first quarter of 2018 are 1,620,000 kilograms. Required: (a) Prepare the production budget by quarters for 2017 (b) Prepare the direct materials budget by quarters for 2017 (5 marks) (10 marks) Show all your w orkings

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