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giggs'nglv 2 MK Industries has. budgeted the following unit sales in 2022. Month Units W W February 12,000 March 15.000 April 1 1,000 May 8.000 The units are sold at an average price of RM20 per unit. Each unit requires 2 kilograms of raw materials costing RM4 per kilogram. On December 31 2021. the ending raw material inventory was 4,240 kilograms. It is the company policy to maintain a nished goods inventory at the end of each month equal to 30% of next month's anticipated sales. Management wants to have a raw material inventory of the month equal to 20% of next month's production requirement. Required: a) Prepare sales budget for rst quarter ended March 31 2022. (6.5 marks) b) Prepare a production budget for the three-months ended March 31 2022. (10.5 marks) c) Prepare a direct materials budget for the three-months ended March 31 2022. (17 marks) [TOTAL 50 MARKS]