Q3 (a) Jati Jentayu Sdn Bhd manufactures and sells furniture that has peak sales in the third month. The following information concerns operations for the year 2022. The company's single product sells for RM150 per unit. All sales are on credit. The budgeted sales in units for the four months are shown in Table Q3(a). Table Q3(a): Budgeted Sales of Jati Jentayu Sdn Bhd Year 2022 Month January February Budgeted sales (RM) 1,350,000 1,800,000 March 2,700,000 Budgeted unit sales 9,000 12,000 18,000 Units to be produced 9,200 12,600 18,200 It takes 3 hours to produce one product. The average wage cost per hour is RM15. Sales are collected in the following pattern: - 55% in the month the sales are made. - The remaining 45%, in the following month. On 1 January, 2022, the company's balance sheet showed RM75,630 in account receivables, all of which will be collected in the first quarter of the year. Bad debts are negligible and can be ignored. Prepare the following budgets and a schedule for the first quarter of the year, showing both months and total figures: (i) Direct labour budget. (ii) Schedule of expected cash collections. (b) State THREE (3) objectives of budgeting.