Beckett Industries manufactures stuff animals for children that requires three computer chips inside each toy. Beckett industries pays $$2$ for each computer chip. Beckett industries has a policy that states that ending inventory of computer chips should be at least $15\%$ of the following month$$s production needs. The purchases are paid $30\%$ in the month of purchase and the remaining $70\%$ in the next month.

December $31$st ending inventory was $2250.$

The production schedule for the first three months of the year is as follows

Stuffed animals to be produced

January $5000$

February $4400$

March $4800$

April $4200$

Required

Prepare a purchase budget for the first quarter that shows both the number of computer chips needed and the dollar amount of the purchases in the budget.

Prepare a schedule of cash disbursements for materials purchases