Lab Due November 14th 11:45 pm The production department of Hareston Company has submitted the folowing forecast of units to be produced by quarter for the upcoming fiscal year Tut ana 3rd ch Quarter Quart Queste Units to be produced Que 0,000 9,000 7.000 6.000 In addition, the beginning raw materials inventory for the first quarter is budgeted to be 1900 kilograms and the beginning accounts payable for the first quarter are budgeted to be $3,440 Each unit requires 30 wlograms of raw material that costs $2.40 per kilogram Management desires to end each quarter with an inventory of raw materiais equal to 10% of the following quarter's production needs. The desired ending inventory for the fourth quarter is 2.250 kilogram Management plans to pay for 80% of raw material purchases in the quarter acquired and 20% in the following quarter. Each unit requires 0,6 direct about hours, and direct labour-hour workers are paid $19.0 per hour Required: 1-a. Prepare the company's direct materials budget. (Round your answer to the nearest whole dollar amount.) HARESTON COMPANY Direct Materialudget 1st Quarter 2nd Quarter Bed Quarter 4th Quarter Year Yotal needs alogram 1-b. Prepare the schedule of expected cash disbursements for materials for the upcoming fiscal year (Round your answer to the nearest whole dollar amount.) Year HARESTON COMPANY Schedule of Expected Cash Disbursements for Materiale tut Quarter and Quarter 3rd Quarter 4th Quarter Accounts payati, beginning balance 1 after purchase 2nd Ouarter purchase 3rd Quarter purch 4 Quarter purchase Total cash disbursements for materials 5 os 05 ols os 2. Prepare the company's direct labour budget for the upcoming fiscal year, assuming that the direct labour workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. (Do not round intermediate calculations) HARESTON COMPANY Direct Labour Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Total direct labour hours needed Total Grect about