The Magganiaga Company has the following information available: Table 1: Total Monthly Sales Month Sales (RM)...

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The Magganiaga Company has the following information available: Table 1: Total Monthly Sales Month Sales (RM) June July August September October Additional information: The sales price per unit is RM200 and the finished goods inventory level is equal to 25% of the next month's unit sales. Five kilograms of materials are required for each unit produced, and the cost is RM50/kg. Inventory levels for materials equal 40% of the needs for the next month. The desired ending inventory for September is 157 kilograms of materials. Beginning inventory for July was 138 kilograms of materials. Each unit requires 0.8 hours of direct labor, and the average wage rate is RM12 per hour. Required: (i) 68000 72000 74000 76000 78000 (ii) Develop a production budget for July, August, September and the quarter in total. (4 Marks) Develop a direct materials purchases budget in kilograms and Ringgit Malaysia for July, August, September and in total for the quarter (4 Marks) (iii) Develop a direct labor budget in hours and total cost for July, August and September and in total for the quarter. (2 Marks) The Magganiaga Company has the following information available: Table 1: Total Monthly Sales Month Sales (RM) June July August September October Additional information: The sales price per unit is RM200 and the finished goods inventory level is equal to 25% of the next month's unit sales. Five kilograms of materials are required for each unit produced, and the cost is RM50/kg. Inventory levels for materials equal 40% of the needs for the next month. The desired ending inventory for September is 157 kilograms of materials. Beginning inventory for July was 138 kilograms of materials. Each unit requires 0.8 hours of direct labor, and the average wage rate is RM12 per hour. Required: (i) 68000 72000 74000 76000 78000 (ii) Develop a production budget for July, August, September and the quarter in total. (4 Marks) Develop a direct materials purchases budget in kilograms and Ringgit Malaysia for July, August, September and in total for the quarter (4 Marks) (iii) Develop a direct labor budget in hours and total cost for July, August and September and in total for the quarter. (2 Marks)