hw 8:answer requirements 1-4

The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year 1st Quarter ind Quarter and Quarter arteri Units to be produced 16,000 19.000 15,000 17,000 In addition 16,000 grams of raw materials inventory is on hand at the start of the Ist Quarter and the beginning accounts payable for the Ist Quarter is 57.000 Each unit requires 4 grams of raw material that costs $180 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 5.000 grams. Management plans to pay for 60% of raw material purchases in the quarter acquired and 40 in the following quarter. Each unit requires 0.40 direct labor-hours and direct laborers are paid $12.50 per hour. Required: 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. 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 VILM Units to be produced 1st Quarter 16,000 2nd Quarter 19,000 Bed Quarter 18,000 Ath Quarter 17,000 Required: 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 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. Complete this question by entering your answers in the tabs below. Red 1 and 2 Rega Reg 4 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. ist Quarter Year Quarter Quarter Quantes Estimated grams of raw material to be purchased Cost of materials to be purchased Req>