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The production department of Zan Cor poration has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: '

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The production department of Zan Cor poration has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: ' B s 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 13,000 16,000 15,000 14,000 In addition, 19,500 grams of raw materials inventory is on hand at the start of the 1st Quarter and the beginning accounts payable fo the 1st Quarter is $6,400. Each unit requires 6 grams of raw material that costs $1.20 per gram. Management desires to end each quarter with an inyentor'y of raw materials equal to 25% of the following quarter's production needs. The desired ending inventory for the 4th Quarter is 8,000 grams. Management plans to pay for 60% of raw mat erial purchases in the quarter acquired and 40% in the following quarter. Each u requires 0.20 direct labdr-hours and direct laborers are paid $14.50 per hour. E Required: : 1. and 2. Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole. 3. Calculate the expected cash disbur sements for purchases of materials for each quarter and for the year as a whole.. 4. Calculate the estimated direct labo r cost for each quarter and for the year as a whole. C;:mplete this question by entering your answers in the tabs below. - Calculate th;a estimated grams of raw material that need to be purchased and the cost of raw material purchases for each quarter and for the year as a whole

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