Question 4 Brighton Bhd. produces three products X, Y and Z. For the coming accounting period budgets are to be prepared based on the following information. Budgeted sales Product X 2,000 units at RM100 each Product Y 4.000 units at RM130 each Product Z 3,000 units at RM150 each Finished inventories budget Product X Product Y Product Z (units) (units) (units) Opening 500 800 700 Closing 600 1,000 800 Budgeted usage of raw material Types of raw material MSI1 MS22 MS33 (units) (units) (units) Product X 5 2 Product Y 3 2 2 Product Z 2 1 3 Cost per unit of material RM5 RM3 RM4 Raw materials inventory budget MSI1 (units) Opening 21,000 Closing 18,000 MS22 (units) 10,000 9,000 MS33 (units) 16,000 12,000 You are required to: (a) Prepare the Sales Budget (in RM) and Production Budget (in units). (6) Prepare the Material Usage Budget (in units) (c) Prepare the Material Purchases Budget (in units and RM). (d) Briefly explain two (2) objectives of a cash budget