3 The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: 3rd Quarter 23,000 1st Quarter 2nd Quarter 4th Quarter 22,000 166 Units to be produced 21.000 24,000 points In addition, 21,000 grams of raw materials inventory is on hand at the start of the 1st Quarter and the beginning accounts payable for the 1st Quarter is $8,000. eBook Each unit requires 4 grams of raw material that costs $1.20 per gram. Management desires to end each quarter with an inventory of raw materials equal to 25% of the following quarter's production needs. The desired ending inventory for the 4th Quarter is 8,000 grams. Management plans to pay for 60% of raw material purchases in the quarter acquired and 40% in the following quarter. Each unit requires 0.20 direct labor-hours and direct laborers are paid $12.50 per hour. Print Required: 1.&2. Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole. References 3. Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole. 4. Calculate the estimated direct labor cost for each quarter and for the year as a whole. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the estimated number of units produced. Complete this question by entering your answers in the tabs below. Req 4 Req 3 Req 1 and 2 Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole. 1st 2nd 3rd 4th Quarter Quarter Quarter Quarter Year 166 1.&2. Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole. points ash disbursements for purchases of materials for each quarter and for the year as a w workforce is whole. 4, Calcula the exptd direct labor cost for Acum th adjusted each quarter to match the number of hours required to produce the estimated number of units produced. ..er eBook Complete this question by entering your answers in the tabs below. Print Reg 1 and 2 Req 3 Req 4 References Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole. 1st 2nd rd 4th Quarter Quarter Quarter Quarter Year Estimated grams of raw material to be purchased Cost of raw materials to be purchased Rea 3> Req 1 and 2 Required: points 1.&2. Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole. 3. Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole. 4. Calculate the estimated direct labor cost for each quarter and for the year as a whole. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the estimated number of units produced. eBook Complete this question by entering your answers in the tabs below. Print Req 3 Req 4 References Reg 1 and 2 Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as whole. 1st 2nd rd 4th Quarter Quarter Quarter Quarter Year Total cash disbursements for materials