Banana (Pty) Ltd ("Banana"), with a financial year end of 28 February, manufactures smart phones and tablets, using a number of materials. Both products have a liquid crystal display (LCD) screen. The LCD screen is made of alum inosilicate glass, a mixture of aluminium and silicon. A smart phone and a tablet uses 0.38 kilogram (kg) and 0.54 kg of aluminium respectively. Regarding silicon, a smart phone requires 0.18 kg thereof while a tablet requires 0.47 kg. Siya, the management accountant of Banana, prepares a budget on a quarterly basis, and has reliably estimated that for every tablet to be sold; three smart phones will be sold quarterly. The market demands 1 200 tablets for the quarter and a smart phone is sold for R3 450 while a tablet is sold for R4 880. Aluminium is imported from Neverland for $53.00 per kg. For the quarter ended August 2019, it is reliably estimated that the exchange rate would be $1 R13.77. Silicon is purchased locally for R8.68 per kg. After consideration of the previous quarter production, Banana's management have resolved to increase the inventory levels for Aluminium by 88% and decrease the silicon levels by 60% for the quarter ended 31 August 2019. Both products levels will be increased by 10% for the quarter ended 31 August 2019. At the beginning of the quarter Banana held 159 kg of aluminium, 66 kg of silicon, 790 smartphones and 445 tablets. The quarterly total fixed overheads are R1 200 000 and include administrative expenses of R8 000 per month and a factory foreman's monthly salary of R16 000. Variable manufacturing overheads are absorbed per direct labour hour at a rate of R22 per hour. A tablet takes 7 hours and 24 minutes to produce, while a smart phone takes half of the time used to produce a tablet. REQUIRED 1.1 Prepare the aluminium and silicon purchases budget for the quarter ended 31 August 2019. Round your calculations to the nearest rand. Hint: prepare the production budget first. (19) 1.2 Prepare the manufacturing overheads budget for the quarter ended 31 August 2019. Round your calculations to the nearest rand and show all calculations. (5)