Question \#1 (CLO4) 23 marks Healthy Foods Limited produces two products, "Valle" and "Ceres". The following sales forecast for 2022 was decided on by the budget committee and nmannn+an to you by the management accountant. Notes: (i) During 2022 the company sold one unit of "Valle" for $900 while one unit of "Ceres" was sold for $620. (ii) To make one unit of "Valley" four units of raw material "AK" is used, while two units of raw material "BK" is used to produce one unit of "Ceres". (iii) Raw materials stock in units at the end of each month is to be held at a level equal to twenty percent (20\%) of the forecasted sales for the next month. (iv) It was decided by management that at the end of each month there should be enough finished goods stock on hand to meet thirty ( 30% ) of the sales for the next month. Required: For the period, January 2022 to April 2022, prepare the following: 1. The company's sales budget for both products (6 marks) 2. The production budget for both products. (10 marks) 3. The direct raw materials usage budget for both products. (5 marks) 4. Outline two advantages that can be derived from proper budgeting practices within an organization. (2 marks)