The following information is from the manufacturing budget and the budgeted financial statements of Fabor Fabrication.

Direct materials inventory, January 1$68,000Direct materials inventory, December 3138,000Direct materials budgeted for use during the year340,000Accounts payable to suppliers of materials, January 150,000Accounts payable to suppliers of materials, December 3179,000

a.How do I compute the budgeted amount for purchases of direct materials during the year.

b.How do I compute the budgeted amount for cash payments during the year to suppliers of materials.