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Please Explain how each value was calculated from the table, please I want to learn how the table is solved, so include your solutions, Like
Please Explain how each value was calculated from the table, please I want to learn how the table is solved, so include your solutions, Like will be given!
The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: In addition, 27,500 grams of raw materlals Inventory Is on hand at the start of the 1st Quarter and the beginning accounts payable for the 1st Quarter is $8,200. Each unlt requires 5 grams of raw materlal that costs $1.40 per gram. Management desires to end each quarter with an Inventory of raw materlals equal to 25% of the following quarter's production needs. The desired ending inventory for the 4 th Quarter Is 7,000 grams. Management plans to pay for 60% of raw materlal purchases in the quarter acquired and 40% in the following quarter. Each unit requires 0.40 direct labor-hours and direct laborers are pald $13.50 per hour. Required: 1. and 2. Calculate the estimated grams of raw materlal that need to be purchased and the cost of raw materlal purchases for each quarter and for the year as a whole. 3. Calculate the expected cash disbursements for purchases of materlals 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. Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purcha quarter and for the year as a whole. Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole. \begin{tabular}{|l|c|c|c|c|c|} \hline & 1st & 2nd & 3rd & 4th & \multirow{2}{*}{ Year } \\ \cline { 2 - 7 } & Quarter & Quarter & Quarter & Quarter & \\ \hline Total cash disbursements for materials & & & & & \\ \hline \end{tabular} Calculate the estimated direct labor cost for each quarter and for the year as a whole. (Round "Direct labor-hours per unit" and "Direct labor cost per hour" answers to 2 decimal places.)
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