Question 2 T Ltd manufactures smartphones. It has three main products being A, B and C. Functional budgets have to be prepared the year ended 31 Dec 2020. Budgeted sales Product A 4,000 @ f100 each Product B 5,000 @ $120 each Product C 6,000 @ f160 each Budgeted use of raw material (RM) components for products A, B and C. RMX RMY RMZ Product A 2 Product B 4 Product C 6 AWN Cost per RMX, RMY and RMZ E3 Finished goods budget A B C Beginning 800 1,200 1,200 End 1,000 1,200 1,400 Raw materials stock RMX RMY RMZ Beginning 7,000 6,000 5,000 End 8,000 5,000 3,000 Labour hours per unit A 12 Labour hourly rate Required: a) Prepare the following budgets from the above information: (i) Sales budget (6 Marks)