Dreamworks Ltd. produces dream spheres. Budgeted production for 2021 and the beginning and ending inventory data are as follows: Quarter 1 (Jan - Mar) 2021 2 3 (Apr - Jun) (Jul - Sep) 33,500 37,700 4 (Oct - Dec) 35,100 2022 1 (Jan - Mar) Estimated production (units) 30,300 36,100 Jan 01, 2021 beginning crystal inventory (Kgs) 3,000 The spheres are formed, polished and sealed. Each sphere requires 3 kilograms of crystal material that costs $5.00 per kilogram. The company wants to have crystal material on hand at the end of the first quarter 4,000 kg, at the end of the second quarter 4,200 kg, at the end of the third quarter 4,300 kg and at the end of the fourth quarter 4.100 kg. Each sphere requires 30 minutes of direct labour at a rate of $20.00 per hour. Required: Required: a) What is the budgeted cost of direct material for the first quarter of 2021. (show your work in the space below). (4 marks) b) What is the budgeted cost of direct labour for the first quarter of 2021. (show your work in the space below). (2 marks) Paragraph Uv A/ VIII Part a) Part b)