QUESTION FOUR You are required to critique the statement above. (4 marks) Budgets are half used if they serve only as a planning device. 4.1 Outline to your friend some factors that the management of her company may have taken into account to forecast sales. (5 marks) Your friend, who works for a company selling household appliances, recently told you that she finds it amazing that the company seems to forecast sales each year so well. She cannot explain how it is able to do it. 4.2 4.3 Prepare a sales budget for the period 1 November 2021 to 31 January 2022. (6 marks) The following is the sales forecast (in units) of Leeds Ltd that manufactures two products viz. product X and product Y: November 2021 December 2021 January 2022 Product X 3 000 4 500 4 000 Product Y 4 000 6 000 5 000 The selling price per unit of product X is R20 and the selling price of product Y is R30. se the information provided below to calculate the expected production cost for March 2021. (10 marks) INFORMATION Lyn Limited manufactures Product X. An estimate of the number of units to be sold during March and April 2021 is given below: March 1 500 April 1 900 It is anticipated that: The budgeted production and production costs for the year ending 31 December 2021 are as follows: Production 18 000 units Direct materials cost per unit R25 Direct labour cost per unit R15 Other manufacturing costs R54 000