(5 POINTS) Qwerty Corp. has the following standard cost sheet:

Direct Materials 8 gallons @ $ 5.00 per gallon

Direct Labor 4 DLH @ $18.00 per DLH

Variable MOH 5 MHR @ $50.00 per MHR

Fixed MOH 5 MHR @ $80.00 per MHR

As of January 1st, projected sales volume is 40,000 units for January, 70,000 units for February, 90,000 units for March, 120,000 units for April, and 140,000 units for May. Qwerty has 5,000 units of finished goods and 40,000 gallons of direct materials in beginning inventory. Each month, Qwerty wants to have finished goods inventory of 20% of the following months expected sales, and direct materials inventory of 30% of the following months direct materials production needs. Calculate Qwertys forecast direct materials purchases in dollars for March.

(5 POINTS) Wack-a-do Stores has projected purchases of $700,000 for January, $400,000 for February, $300,000 for March, and $200,000 for April. Henrys purchase contracts specify that 50% must be paid in the month of purchase, 40% in the 1^stmonth following, and 10% in the 2^ndmonth following. What is Henrys projected cash disbursements for April?