QUESTION 1 BCV is a producer for vehicle parts. The following table shows information on the budgeted sales and production. Unit Sales Price (RM) Units to produce Raw Materials Component 1 Component 2 Component 3 100 units 350 120 units Usage per product Cost per unit (RM) 30 1.00 20 2.00 10 3.00 Hours per product unit Rate (RM) Direct Labour Hours 4.00 8.00 Machine Hours 1.50 2.00 Variable Overhead Allocation Basis Rate (RM) Maintenance Machine Hours 2.00 Cleaning Inspection Fixed Overhead Rent Direct Labour Hours 1.00 Units Produced 25.00 (RM) 1,000.00 Depreciation 2,000.00 Insurance 2,500.00 Production Manager 5,000.00 Selling and Administration (RM) 10,000.00 a. Prepare the Total Manufacturing Cost Budget of the Company. Calculate the Budgeted Total Variable Cost Per Unit, Budgeted Total Fixed Overhead Cost Per Unit and Budgeted Total Manufacturing Cost Per unit. (16 Marks)