The marketing department of Goethe Inc. has submitted the following sales forecast for 2024: Budgeted sales (units) 1st Quarter 9,500 2nd Quarter 8,500 3rd Quarter 6,500 4th Quarter 7,500 The company expects to start the first quarter with 1,800 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 20% of the next quarter's budgeted sales. The desired ending finished goods inventory for the fourth quarter is 2,300 units. In addition, the beginning raw materials inventory for the rst quarter is budgeted to be 3,420 kilograms and the beginning accounts payable for the first quarter are budgeted to be $17,820. 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 quarter's production needs. The desired ending inventory for the fourth quarter is 3,290 kilograms. Management plans to pay for 75% of raw material purchases in the quarter acquired and 25% in the following quarter. Required: 1. Prepare the company's production budget for the upcoming fiscal year. Goethe Inc. Production Budget

2-a. Prepare the company's direct materials budget. Required: 1. Prepare the company's production budget for the upcoming fiscal year: 2-b. Prepare the schedule of expected cash disbursements for materials for the upcoming fiscal year. (Round your answer to the nearest whole dollar amount.) The marketing deparment of Goethe Inc, has submitted the following sales forecast for 2024 : The company expects to start the first quarter with 1,800 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 20% of the next quarter's budgeted 5 ales. The desired ending finished goods inventory for the fourth quarter is 2,300 units. In addition, the beginning raw materials inventory for the Lyrst quarter is budgeted to be 3,420 kilograms and the beginning accounts payable for the first quarter are budgeted to be $17,820 Each unit requires two kilograms of raw material that costs $4 per kilogram. Management desires to end each quarter with an inventory of raw materlals equal to 20% of the following quarter's production needs. The desired ending inventory for the fourth quarter is 3,290 kilograms. Management plans to pay for 75% of raw material purchases in the quarter acquired and 25% in the following quarter. Required