Phase Test 2 Dated: 15 January 2021 Tan Bhd manufactures two products namely, Product A and Product B. Planned sales for the year 2019 are as details given below: Product Units Unit selling price Product A 75,000 Product B120,000 RM45 RM60 Both the products use two types of direct materials, namely X and Y: X costing RM0.90 per litre Y costing RM1.20 per litre Direct materials usages per unit are: Product X Y A 3 litres per units litres per unit Blitres per unit5 litres per unit Stocks are estimated to be: Year 2019 Finished units Direct materials (litres) Y A B X Opening 5,000 8400 27,000 50,000 $5,000 Closing 5,500 7,000 33,000 REQUIRED; (a) Sales budget for Product A and Product B and in total (7 marks) (b) Production budget in quantities for Product A and Product B (8 marks) (c) Direct materials usage budget for X and Y in litres only (7 marks) (d) Purchases budget for direct materials in litres and total value for X and Y (8 marks)