Question 1 A company manufactures two products P and Q. The following information is available for the two products: Product (per unit) 30 kilos 22 kilos Product P (per unit) Direct Materials Material A at $8 per kg 25 kilos Material B at $12 per kg 18 kilos Direct Materials Skilled labour at $15 per hour 8 Hours Unskilled labour at $7 per hour 12 Hours Budgeted stocks Product P (units) At 1 July 2018 450 At 30 Sep 2018 700 13 Hours 17 Hours Product (units) 600 500 Material A (Kg) 5500 4200 Material B (Kg) 7000 8400 At 1 July 2018 At 30 Sep 2018 Budgeted sales for the year 2018 are as follows Product P Product (units) (units) Sales 10,000 12,000 Required: You are required to prepare following budgets for the quarter ended 30 Septembe 1. Sales budget in units 2. Production budget in units 3. Material usage budget in kilos 4. Material purchase budget in kilos and in value ($) 5. Direct labour budget in hours and in value ($)