a) Based on the situation above, how preparation budget by the company helps to achieve the purpose of budgeting in terms of: - Planning tools Communication tools for the whole organization Resources allocation tool. - Performance measurement tool b) Provide some rationales as to the usefulness of a budgetary control system in a business scenario like Supper Good's

Supper Good Sdn Bhd manufactures and distributes a product, C Chanteq. The product has been distributed to supermarkets and healthcare shops in Malaysia. In year 2022, Supper Good produced 210,000 sachets of C Chanteq. Given below are the actual cost incurred. RM Materials 1 ,455,000 Wages 8,665,000 Overheads 2,610,000 In a recent budget announcement made by government, the price of petroleum increased by RMO.25 per litre. Thus, the management of Supper Good expects its operating expenses to also increase. However, these increments have not been taken into consideration when preparing the above budget. Is it expected that the price will increase by 10%, 5% and 3% for the materials, wages and overheads