Q4. Bintang Sierra Sdn Bhd prepares monthly cash budgets. Relevant data from operating budgets for 2018 are as per Table Q4 : Table Q4: Cost Information January February (RM) (RM) Sales Direct materials purchases Direct labour 525,000 600,000 142,500 165,000 120,000 142,500 Manufacturing overhead 90,000 112,500 Selling and administrative expenses 112,500 127,500 Additional information are as given below: All sales are on account. Credit sales for November 2017 was RM300,000 and December 2017 was RM450,000. Collections are expected to be 50% in month of sale, 30% in the first month following the sales, and 20% in the second month following the sale Of direct material purchases, 40% are paid in cash in the month of purchase and the balance due is paid in the month following the purchase. Purchases of direct materials of December 2017 was RM90,000 Other receipts: o January 2018- Collections of 31 December 2017 interest receivable of the amount, RM 3,000 February 2018 - Proceeds from sale of investments, RM5,000