a) Bipingo Ltd has recently commenced trading and has provided the following information, in respect of 2020, to the management accountant: Sales Production cost (Per unit): Material X Material Y Labour Machine hours 20,000 units @sh.125 per unit 5kg@sh.4 per kg 2kg@sh.3 per kg 5 hours@sh.8 per hour 2.5 hours per unit Fixed production overheads are budgeted at Shs. 1, 050, 000 and are absorbed using a machine hour basis. The company intends to have a closing inventory of 1 000 units at the end of 2020. Required As management accountant you are required to prepare/calculate the following for 2009: a) Production budget (units) b) Raw materials budget (kg) for X and Y c) Purchases budget (shs) I (3 marks) (3 marks) (3 marks) (3 marks) e) Fixed production overhead absorption rate (OAR) (3 marks) f) Standard cost per unit (3 marks) d) Labour budget (hours and shs) Page 1 off