QUESTION $3(29$ marks$)$ Meadowbrook Industries $("$Meadowbrook$")$ is a leading manufacturer of high$-$quality candles and soaps. With a strong commitment to quality and customer satisfaction, Meadowbrook has established itself as a trusted brand in the industry. As the company prepares for its financial year$-$end on $31$ July $2024,$ the management team is busy drafting budgets for the first six months of the $2025$ financial year. The following information pertains to the manufacturing process of candles and soap bars: Meadowbrook sources high$-$quality wax from local suppliers and combines it with fragrance oils in a specialised mixing tank. The same tank is used to manufacture both products separately, with adjustments made to the ingredients and mixing time between the products. This specialised mixing tank has a maximum capacity of $230$ kilograms, resulting in enough candle mixture to fill $590$ candles or enough soap mixture to produce $480$ bars of soap. The final candles and bars of soap are each individually wrapped in a single sheet of paper. Candles$$ Soaps $$ Material ratio $-$ Wax: fragrance oils $100$ kg: $3$ kg $100$ kg: $5$ kg Wax cost per kilogram R$20$ per kg R$20$ per kg Cost per single sheet of paper R$1\mathrm{.}5090$ cents Cost per kilogram of fragrance oils R$15$ R$15$ Total number of employees $4646$ Direct labour time per employee $40$ minutes $35$ minutes Hourly direct labour rate per employee R$90$ R$55$ Estimated total production required $132500$ candles $143900$ soap bars $$ REQUIRED: $3\mathrm{.}1.$ Meadowbrook Industries$$ management team is exploring the benefits of periodic budgets versus rolling budgets. Briefly discuss three $(3)$ advantages of rolling budgets. $(3$ marks$)3\mathrm{.}2.$ Prepare the direct labour budget of Meadowbrook Industries for the first six months of the $2025$ financial year. Preparation of budget$-6$ marks Presentation mark$-1$ mark $(7$ marks$)3\mathrm{.}3.$ Prepare the direct material usage budget of Meadowbrook Industries per final product of candle and soap for the first six months of the $2025$ financial year. Preparation of budget$-18$ marks Presentation mark$-1$ mark $(19$ marks$)$ Show and reference all your calculations clearly. Round your answers to two decimal places where required.