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The production department of Hareston Company has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year. ist unter

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The production department of Hareston Company has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year. ist unter and Quartered Quarteryth Quarter Units to be produced 8,100 9,100 7,100 6,100 In addition, the beginning raw materials inventory for the first quarter is budgeted to be 1,950 kilograms and the beginning accounts payable for the first quarter are budgeted to be $3,490. Each unit requires 3.1 kilograms of raw material that costs $250 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 2325 kilograms Management plans to pay for 80% of raw material purchases in the quarter acquired and 20% in the following quarter. Each unit requires 0.6 direct labour hours, and direct labour hour workers are paid $19.5 per hour. PayOVIC IVIC MUGET DIE MuyCCU VE 23.00 Each unit requires 3.1 kilograms of raw material that costs $250 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 2,325 kilograms. Management plans to pay for 80% of raw material purchases in the quarter acquired and 20% in the following quarter. Each unit requires 0.6 direct labour-hours, and direct labour-hour workers are paid $19.5 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 Int Quarter 2nd Quarter 25.110 28.210 3rd Quarter 22.010 4th Quarter 18.910 Year 94,240 Production needs (kilograma) Add Desired ending inventory Total needs (kilograms) Deduct: Beginning inventory Raw materials to be purchased (kilograms) Cost of raw materials to be purchased 1-b. Prepare the schedule of expected cash disbursements for materials for the upcoming fiscal year (Round your answer to the nearest whole dollar amount.) Year HARESTON COMPANY Schedule of Expected Cash Disbursements for Materials 1st Quarter 2nd Quotes 3rd Quarter ith Quarter Accounts payable, beginning balance tot Quarter purchase 2nd Quarter purchase 3rd Quarter purchase + 4th Quarter purchase Total cash disbursements for materials 5 OS 0 OS 15,528 5 2. Prepare the company's direct labour budget for the upcoming fiscal year, assuming that the direct labour workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. (Do not round intermediate calculations.) HARESTON COMPANY Direct Labour Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Total direct labour hours needed Total direct labour cost

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