The marketing department of Gaeber Industries has submitted the following sales forecast for the upcoming fiscal year:

	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter
Budgeted sales (units)	8,100	7,100	5,900	7,100

The company expects to start the first quarter with 1,620 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 20% of the next quarters budgeted sales. The desired ending finished goods inventory for the fourth quarter is 1,850 units.

In addition, the beginning raw materials inventory for the first quarter is budgeted to be 4,620 kilograms and the beginning accounts payable for the first quarter are budgeted to be $16,320.

Each unit requires two kilograms of raw material that costs $4 per kilogram. Management desires to end each quarter with an inventory of raw materials equal to 20% of the following quarters production needs. The desired ending inventory for the fourth quarter is 3,290 kilograms. Management plans to pay for 70% of raw material purchases in the quarter acquired and 30% in the following quarter.

tep tourth quater la 1.a50 unth phyces 19 the titt quirter tre budgeied to be 515,320 Miteo queter Afoused 2a. Papere to conpucy: cleat maseral bodget Tresest whole dotor amount.)