Astro Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations: Budgeted selling price per unit January February March April Raw materials requirement per unit of output Raw materials cost $76 Budgeted unit sales Budgeted unit production 9,500 9,540 9,900 9,970 10,600 10,800 12,600 12,440 3 pounds $5.00 per pound The ending raw materials inventory should equal 40% of the following month's raw materials. production needs. Pounds in beginning raw materials on January 1 were 4,000. Raw materials purchases are paid: 30% in the month of purchase 70% in the following month Accounts Payable on January 1 is $120,125 Required: SHOW YOUR WORK in budget format 20 points a. Prepare a raw materials purchases budget for January, February, March and Quarter 1. b. Prepare a cash disbursements budget for purchases of raw materials. +