Profunda Co manufactures a product called Ternz. It requires two kilograms of material and 0.75 direct labour hours for each unit of product manufactured. The marketing department has forecast the following sales (in units) for each quarter of the coming year, 2021: Sales

1st quarter - 10,000

2nd quarter - 11,000

3rd quarter - 13,000

4th quarter - 9,000

The company has a policy of maintaining finished goods inventory at the end of each quarter equal to 10% of the following quarter's sales. (The budgeted sales in the first quarter of 20X6 are 11,000 units.) At the start of 2021, there were 1,000 units in finished goods with a total cost of $19,750. The cost of each kilogram is $1.50, and the direct labor's are paid $14 per hour. Variable manufacturing overhead is allocated to completed units at a rate of $6 per direct labour hour, and fixed manufacturing overhead is budgeted at $20,000 per quarter and includes $5,000 of depreciation. Manufacturing overhead is allocated on the basis of budgeted direct labour hours. The production manager wants to maintain ending inventory at 25% of the following quarter's production needs. The desired ending inventory for the fourth quarter is 5,550 kg. The beginning inventory was 5,050 kg (with a total cost of $7,575). The company plans to pay for 60% of raw materials purchases in the quarter in which they are acquired, with the remaining 40% to be paid in the following quarter. Direct labour, variable overhead and fixed overhead are paid for in the quarter in which they are incurred. The beginning accounts payable for materials purchases was $12,600.

Prepare the following budgets and schedules as part of the 2021 master budget, by quarter and in total: a) Production budget b) Raw materials purchases budget c) Direct labour budget d) Manufacturing overhead budget (including predetermined overhead rate) e) Schedule of cash disbursements for manufacturing costs