QUESTION 3 Syarikat Quantum Sdn. Bhd. Began its operation in 2010. The company manufactures two kind of processes foods, Nuggets and Popchick. The following are some of the information that have been compiled for the presentation of its operational budget for 2020. Selling prices are RM30.00 per packet for Nuggets and RM20.00 per packet for Popchick. At these prices 500 packets of Nuggets and 700 packets of Popchick can be sold. Material will be purchased from supplier who will supply chicken meat and flavored flour at RM5.50 per kg and RM2.50 per kg respectively. The company uses 5 kilograms of chicken meat and 2 kilograms of flavored flour for each packet of Nugget and 4 kilograms of chicken meat and 3 kilograms of flavored flour for each packet of Popchick. The company pays all workers at the same rate of RM5.00 per hour and it is estimated that 2.5 hours of direct workers will be required at mixing department and 1.5 hours at Cooking department for one packet of Nugget. Popchick will require 3.5 hours at Mixing department and 1 hour at Cooking department. On 1 January 2020, stock of chicken meat is estimated at 2,500 kilograms and stocks of flavored flour are estimated at 1,500 kilograms. It is estimated that this level will reduce by 10% at end of the year. The opening stock of Nuggets and Popchick are estimated to be 250 and 400 packets respectively. The company plans to increase stock of Popchick to 550 packets at the end of the year, but will maintain Nugget stock at current level. Required: Prepare the following budgets for Syarikat Quantum Sdn. Bhd. for the year 2020: a. Sales Budget b. Production Budget c. Direct material (Usage and Purchase) Budget d. Direct labour Budget