Sweetfume Sdn Bhd produces two types of perfumes known as Breezy and Misty. Both products use similar types of materials which are ethanol and essential oil. The production manager of the company has provided the data to assist in the preparation of the company's budget for the coming year. The followings are the detailed information about the budgeted data for the year ending 31 December 2022. 1. 2. The budgeted sales volumes of Breezy and Misty for the year are 10,000 units and 12,000 units respectively. The selling price is RM65 per unit for Breezy and RM55 per unit for Misty. Standard usage of material for one unit of product: 3. Breezy Ethanol Essential oil 60 ml 15 ml Misty 50 ml 10 ml Cost per litre RM30 RM50 Cost of inventories of material ethanol and essential oil are as follows: Ethanol Essential Oil Opening inventories RM13,200 RM8,000 Closing inventories RM10,800 RM5,000 4. The company hires two types of labour which are skilled and semi-skilled labour. Skilled labour will be paid at RM7.00 per hour and semi-skilled labour will be paid at RM5.00 per hour. The required labour hours for each product are as follows: 5. Skilled labour Semi-skilled labour Breezy Misty 2 hours per unit 3 hours per unit 1 hours per unit 2 hours per unit The opening inventories of finished goods are as follows: Breezy Misty Opening inventories 1200 1000 Required: Inventories of finished goods are to be reduced by 15% from their opening level by the end of 2022. a. Prepare the following functional budget for year ending 31 December 2022: i. Sales budget ii. Production budget Material usage and purchase budget N iv. Direct labour cost budget (skilled labour only) (13 marks)