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 8,900 9,900 7,900 6,989 In addition the beginning raw materials inventory for the first quarter is budgeted to be 2,350 kilograms and the beginning accounts payable for the first quarter are budgeted to be $3.890 Each unit requires 3.9 kilograms of raw material that costs $3.30 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 2.925 kilograms. Management plans to pay for 80% of raw material purchases in the quarter acquired and 20% in the following quarter. Each unit requires 06 direct labour-hours, and direct labour-hour workers are paid $235 per hour Required: 1-a. Prepare the company's direct materials budget. (Round your answer to the nearest whole dollar amount.) HARESTON COMPANY Direct Materials Budget 1st Quarter 2nd Quarter 34 710 38.610 3rd Quarter 30.810 4th Quarter Year 26,910131042 Production needs (lograms) Add Desired ending inventory Total needs (llograms)