Taku-Tau Ltd managements provided you with the following information to prepare the annual budgets. Statement of Financial position (extract) as at 31 June 2020. Net Non-current assets NS 240 000 Inventory- Raw materials 287 640 Work in progress 145 000 Finished goods 441 000 Receivables 225 000 Cash & cash equivalents 72 000 Share capital 600 000 Retained income 648 640 Payables: 162 000 The basis on which budgets are prepared Quarterly sales estimates in units 3 quarter of 2020 4th quarter of 2020 1 quarter of 2020 15.000 12 000 12 000 Selling price per unit NS 125 Inventory policies Finished goods-30% of the following quarter's demand must be in stock at the end of each quarter Direct material 40% of the following quarter's demand must be in stock at the end of each quarter Manufacturing costs (per unit) NS Direct material - 40% of the following quarter's demand must be in stock at the end of each quarter. Manufacturing costs (per unit) 2kg material A 1kg material B Direct labour (2 hours) NS 36 15 241 Variable overheads (varies with labour hours) 16 Fixed overheads (based on a normal monthly 7 activity of 5.000 units) Administrative and marketing costs Advertisements NS12 000 per quarter BELINDA CE Commission Administrative Cash payment policy N56.25 per unit NS90 000 per quarter . All direct materials are purchased on credit 65% of these purchases are paid during the quarter in which they are made and the rest is paid during the following quarter All other payments are made as the expenses occur Experience of debtors collections 25% of the sales are cash sales and the rest is sales on credit. 50% of the credit sales are paid during the month in which the sales occur and the rest during the following month (assume equal monthly sales in each quarter) Additional information: Prices, costs and the manufacturing process remain unchanged Income tax rate 50% Depreciation is provided for at 20% per annum on the reducing balance method and is included in the fixed manufacturing overheads The company is planning to purchase and install new equipment to the value of NS10 000 at the end of September 2020. The value of the work in progress remains unchanged during the year, Variances in production costs are written off against the cost of sales and inventories are always valued at standard costs f acer dministrative and marketing costs dvertisements NS12 000 per quarter Commission dministrative Cash payment policy N56.25 per unit NS90 000 per quarter All direct materials are purchased on credit. 65% of these purchases are paid during the quarter in which they are man and the rest is paid during the following quarter. All other payments are made as the expenses occur. Experience of debtors collections -25% of the sales are cash sales and the rest is sales on credit. 50% of the credit sales are paid during the month in wh the sales occur and the rest during the following month (assume equal monthly sales in each quarter) Additional information: Prices, costs and the manufacturing process remain unchanged Income tax rate 50% Depreciation is provided for at 20% per annum on the reducing balance method and is included in the fixed manufacturia overheads. The company is planning to purchase and install new equipment to the value of NS10 000 at the end of September 2020 The value of the work in progress remains unchanged during the year Variances in production costs are written off against the cost of sales and inventories are always valued at standard cost Required: Calculate the total value needed for material B to be bought to manufacture production units for the 3 quarter. NB: You are not required to enter the unit method or currency symbol