The production department of Hareston Company has submitted the following forecast of units to be upcoming fiscal year Units to be produced 1st Quarter 2nd Quarter 3rd Quarter4th Quarter 7,800 8,800 6,800 5,800 In additionthe beginning raw materials inventory for the first quarter is budgeted to be 1.800 kilogra payable for the first quarter are budgeted to be $3,340. Each unit requires 2.8 kilograms of raw material that costs $2.20 per kilogram Management desires Inventory of raw materials equal to 10% of the following quarter's production needs. The desired end quarter is 2.100 kilograms, Management plans to pay for 80% of raw material purchases in the quarte following quarter, Each unit requires 0.6 direct labour-hours, and direct labour-hour workers are paid Assignments - Chapter Help Savet Chemwon 2 The production department of Hareston Company has submitted me following forecast of units to be produced by quarter for the upcoming calyes Quand the T. 3. in adition, the beginning raw materiais meritory for the starteris budgeted to be 1800 ilograms and the beginning accounts payable for mere are budgeted to be 53,340 Each requires 28 kilograms of raw material that costs $2.20 per krogram Management desires to end each quarter with an Inventory of ww materials equal to 10% of the following quarter production needs The desired ending invertory for the fourth caster is 2100 kilogram Management plans to pay for 80% of raw material purchases in the water acqured and 20% in the following quarter Each unit requres 0,6 direct about hours and teclabourhout workers are pold S18 per hour Required: - Prepare the company's direct materials budget. (Round your answer to the nearest whole dollar amount.) HARESTON COMEWNY Direct Maillud 1st ml duntur rum In addition, the beginning raw materials inventory for the post quarter is budgeted to be 1800 kilograms and the beging accounts payable for the fest quarter are budgeted to be $3.340 Each unit requires 28 kilograms of raw material that costs $2 20 per kilogram Management desires to end each quarter with an inventory of raw materials equal to of the following user's production needs The desired ending inventory for the fourth quarter is 2.300 gram Management plans to pay for B0of raw material purchases in the quarter agured and 20% in the following quartet och strecurs o direct labour hours and direct labour hour workers are paid $150 per hour Required 1- Prepare the company's drect material budget Round your answer to the nearest wholu dollar amount HARE SON COMINY 21 id One Taalataram