Woody Sdn Bhd is a manufacturer of furniture made from teak wood. Here is the information that has been collected from other sections.
1. The company manager estimates that 420,000 teak tables will be sold at a price of RM700 each.
2. According to accounting records, the initial stock of tables from teak wood is 3,700 with the cost of each wooden table being RM550.60. The manager is of the opinion that the final stock should be increased to 4,200 units as sales volume is expected to increase.
3. The initial stock of direct raw materials is as follows:

	RM
Teak Wood	95,000
Wood and Components	30,000
Polyurethane Paint	65,000
Total	190,000

4. Cost per unit of raw material

	RM
Teak Wood	95
Wood and Components	30
Polyurethane Paint	65

5. The manager wants final stock

	RM
Teak Wood	80,000
Wood and Components	26,500
Polyurethane Paint	60,500
Total	167,000

6. Total hours and cost of labour

Direct Labour	Hours	Cost per Hour
Installment	1.5	RM22
Testing	0.15	RM12

7. Based on the previous year's operating costs, the overhead costs are:
Overhead costs change manufacturing:

	RM
Purchase	15.50
Indirect Labour	22.00
Maintenance	12.60
Others	7.80
Total	57.60

8. Fixed cost of manufacturing

	RM
Depreciation	2,750,000
Tax on Property	1,660,000
Insurance	1,560,000
Factory Supervisor	2,711,000
Fringe benefit	6,231,000
Others	1,270,00

9. The estimated operating costs of the support part that are treated as fixed costs are:

	RM
Administration	14,720,550
Promotion	12,110,170
Delivery	3,190,000
Customer Service	1,970,600

10. Income tax on profits is estimated at 27%

PLEASE ANSWER THE ANSWER BELOW, THANK YOU:

I. Sales budget
II. Production budget
III. Purchase budget and direct use of raw materials
IV. Direct labor budget
V. Manufacturing overhead budget
VI. Final stock budget
VII. Cost of sales budget
VIII. Support section budget
IX. Income statement budget for 2022