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Please help me to fill in the blanks and correct the wrong answers. The production department of Hareston Company has submitted the following forecast of

image text in transcribedPlease help me to fill in the blanks and correct the wrong answers.

The production department of Hareston Company has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Units to be produced 1st Quarter 2nd Quarter 3rd Quarter4th Quarter 8,400 9,400 7,400 6,400 In addition, the beginning raw materials inventory for the first quarter is budgeted to be 2,100 kilograms and the beginning accounts payable for the first quarter are budgeted to be $3,640. Each unit requires 3.4 kilograms of raw material that costs $2.80 per kilogram. Management desires to end each quarter with an inventory of raw materials equal to 10% of the following quarter's production needs. The desired ending inventory for the fourth quarter is 2,550 kilograms. 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 labour-hours, and direct labour-hour workers are paid $21.0 per hour. Required: 1-a. Prepare the company's direct materials budget. (Round your answer to the nearest whole dollar amount.) Answer is not complete. HARESTON COMPANY Direct Materials Budget 2nd 1st Quarter Quarter 3rd Quarter 4th Quarter Year Production needs Total needs (kilograms) 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.) Answer is not complete. 4th Quarter Year 13,899 X $ HARESTON COMPANY Schedule of Expected Cash Disbursements for Materials 2nd 1st Quarter 3rd Quarter Quarter Accounts payable, beginning balance $ 3,640 $ 16,607 17,517 X 1st Quarter purchase 2nd Quarter purchase 70.067 3rd Quarter purchase 55,597 4th Quarter purchase Total cash disbursements for materials $ 70,069 $ 86,674 $ 73.114 66,429 3,640 83,037 87,584 69,496 49.580 293,337 49,580 63.479 $ 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.) Answer is complete but not entirely correct. HARESTON COMPANY Direct Labour Budget 2nd 1st Quarter 3rd Quarter 4th Quarter Year Quarter 17,794 X 18,768 % 14,892 X 13,280 X 64,734 X $ 373,666 394,128 $ 312,732 $ 278,888 $ 1,359,414 X Total direct labour-hours needed Total direct labour cost

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