You have attended few classes on how to make soy drink for commercial purpose. Using an old family recipe, you plan to start venturing into the business of producing soy drink and cater Bandar Saujana Putra markets.

There are five processes involved in producing the $50$ bottles of soy drink.

Soaking the soya bean. $($Soya beans are clean and soak in the water for $20-35$ minutes$)$

Boiling the soy milk.

$($Heat the soy milk to boiling point and cooled down to room temperature$)$

Heating the soya bean. $($Soya bean are heated in the microwave$)$

Packing the soy milk.

$($The soy milk is then poured into bottles, labelled and packed into boxes$)$

Process $1$ to $5$ requires $4$ hours to complete. Direct labour usage is based on total production.

The rate paid to the workers is RM$8/$hour$.$

$6$ of $8$

Cost of each material used in the producing $1$ bottle of soy drink:

$\backslash$table$[[$No$.,$Material used,Cost $($RM$)],[1,$Sugar,$0\mathrm{.}05],[2,$Soya Beans,$0\mathrm{.}50],[3,$Water,$0\mathrm{.}20],[4,$Bottle,$0\mathrm{.}25]]$

In order to prepare a realistic budget and proper control of cost$,$ you invite one of your friends who has an accounting background to join your business. Based on your market study, you estimate the sales of soy drink for the year $2023$ are as follows:

$\backslash$table$[[2023,\backslash$table$[[$Production$],[($Bottles$)]],\backslash$table$[[$Sales$],[($Bottles$)]]],[$January$,80,50],[$Febrary$,100,100],[$March$,150,150],[$April$,180,200],[$May$,250,250],[$June$,320,300],[$July$,350,350],[$August$,420,400],[$September$,450,450],[$October$,520,500],[$Dovember$,550,600],[$December$,720,700]]$

The other overhead cost incurred during the year of $2024$ are:

$\backslash$table$[[,$RM$],[$Factory electricity $($Machinery$),$RM $700],[$Rental$,$RM $12,000],[$Service of the grinding machine,RM $800]]$

Budgeted production and sales:

$($a$)$ Determine the production cost of soy drink for each month in $2024.$

$(24$ marks$)$

$($b$)$ Set the selling price of soy joy by using profit mark$-$up or profit margin.

$(6$ marks$)$