Stormont Ltd produces and sells a single product called Flash. The company is now preparing its budget for the 4 quarters ending 31st December 2023. The marketing director has already produced the sales budget in units for each of the 4 quarters for 2023 and has provided you with this information in the table below: Quarter 1 2 3 Budgeted sales units 22,400 25,000 26,200 19,500 Sales units for the first two quarters of 2024 are estimated at 23,400 and 24,100 units respectively. Each unit of Flash requires 5 kilograms (kg) of material Z and 48 minutes of labour to be manufactured. Material Z costs 3 per kg and labour is paid 12 per hour. The company's policy is to have a closing inventory of finished goods equal to 10% of next quarter's sales and a closing inventory of material Z equal to 20% of next quarter's production requirements (usage). Closing inventory at the end of quarter 4 in 2022 were 2,240 units of Flash and 22,660 kg of material Z. Required Produce the following budgets for each of the four quarters for 2023 for Stormont Ltd. Production budget in units of Flash Focus English (United Kingdom) The correct answer is R Produce the following budgets for each of the four quarters for 2023 for Stormont Ltd. Production budget in units of Flash [4 marks] Material Z purchases budget in kg and [4 marks] Labour budget in hours and [4 marks]