The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: Units to be produced 7,000 10,000 9, 000 8,000 ts In addition, 8,750 grams of raw materials inventory is on hand at the start of the 1st Quarter and the beginning accounts payable for the 1st Quarter is $5,200 Each unit requires 5 grams of raw material that costs $1.60 per gram. Management desires to end each quarter with an inventory of raw materials equal to 25% of the following quarter's production needs. The desired ending inventory for the 4th Quarter is 6.000 grams Management plans to pay for 60% of raw material purchases in the quarter acquired and 40% in the eBook following quarter. Each unit requires 0.20 direct labor-hours and direct laborers are paid $13.50 per hour Print Required: 1&2. Calculate the estimated grams of raw material that need to be purchised and the cost of raw material purchases for each quarter and for the year as a whole. ferences 3. Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole. 4. Calculate the estimated direct labor cost for each quarter and for the year as a whole. Assume that the direct labor workforce is adjusted each quarter to match tbe number of hours required to produce the estimated number of units produced Complete this question by entering your answers in the tabs below Req 1 and 2 Req3 Req 4 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 1st 2nd 4th Quarter Qarter Quarter Quarter Year Estimated grams of raw material to be purchased Cost of raw materials to be purchased The production deptment of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year Unita to be produbed 7,000 10,000 9.000 8,000 1.5 points In addition, 8,750 grams of raw materials inventory is on hand at the start of the 1st Quarter and the beginning accounts payable for the 1st Quarter is $5,200 Each unit requires 5 grams of raw material that costs $1.60 per gram. Management desires to end each quarter with an inventory of raw materials equal to 25% of the following quarter's production needs. The desired ending inventory for the 4th Quarter is 6,000 grams. Monge megt plans to pay for 60% of raw material purchases in the quarter acquired and 40% in the eBook following quarter. Each unit requires 0.20 direct labor-hours and direct laborers are paid $13.50 per hour Print Required: 1&2. Calculate the estimated grams of raw material that need to be purchlsed and the cost of raw material purchases for each quarter and for the year as a whole. 3 Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole. 4. Calculate the estimated direct labor cost for each quarter and for the year as a whole. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the estimated number of units produced 0 References Complete this question by entering your answers in the tabs below Req 1 and 2 Req3 Req 4 Calculate the expected cash disbursements for purchases of materiais for each quarter and for the year as a whole 1st Quarter Quarter Quarter Quarter Year 2nd Total cash disbursements for materials The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year Units to be produted 7.000 10,000 9, 000 8,000 ints In addition, 8,750 grams of raw materials inventory is on hand at the start of the 1st Quarter and the beginning accounts payable for the 1st Quarter is $5,200 Each unit requires 5 grams of raw material that costs $1.60 per gram. Management desires to end each quarter with arn inventory of raw materials equal to 25% of the following quarter's production needs. The desired ending inventory for the 4th Quarter is 6,000 grams. Management plans to pay for 60% of raw material purchases in the quarter acquired and 40% in the following quarter. Each unit requires 0.20 direct labor-hours and direct laborers are paid $13.50 per hour Print Required 1&2. Calculate the estimated grams of raw material that need to be purch&sed and the cost of raw material purchases for each quarter and for the year as a whole 3. Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole. 4. Calculate the estimated direct labor cost for each quarter and for the year as a whole. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the estimated number of units produced. References Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 eq 4 Calculate the estimated direct labor cost for each quarter and for the year as a whole. Assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the estimated number of units produced. (Round "Direct labor-hours per unit" and "Direct labor cost per hourt answers to 2 decimal places.) 1st 2nd 3rd 4th Quarter Quarter Quarter Quarter Year Total direct labor cost
