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Question: please answer it fully and write it clearly so i...

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please answer it fully and write it clearly so I can read it perfectly. Thanks!
QUESTION2 Slaf Company is preparing its master budget for 2017. Relevant data pertaining to its sales, production, and direct materials budgets are as follows Sales uarterExpected Sales (units 480,000 600,000 720,000 600,000 4 Sales in the first quarter of 2018 is expected to be 10% higher than the budgeted sales for the first quarter of 2017. Production Management desires to maintain the ending finished goods inventories at 25% of the next quarters budgeted sales volume Direct materials Each unit requires 3 kilograms of raw materials at a cost of RM5 per kilogram Management decided to maintain raw materials inventories at 5% of the next quarters production requirements. Assume the production requirements for the first quarter of 2018 are 1,620,000 kilograms Required: (a) Prepare the production budget by quarters for 2017 (b) Prepare the direct materials budget by quarters for 2017. (5 marks) (10 marks) Show all your workings
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