The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year. 1st Quarter 16,880 2nd Quarter 19,089 3rd Quarter 4th Quarter 1 8,000 17,889 Units to be produced In addition, 16,000 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 $7,000 Each unit requires 4 grams of raw material that costs $180 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 5,000 grams. Management plans to pay for 60% of raw material purchases in the quarter acquired and 40% in the following quarter. Each unit requires 0.40 direct labor-hours and direct laborers are paid $12.50 per hour. Required: 182 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 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. Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 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. 2nd Bad Quarter Quarter Quarter Quarter Your Estimated grams of raw material to be purchased Cost of raw materials to be purchased Complete this question by entering your answers in the tabs below Req 1 and 2 Req3 Reg 4 Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole. 1st Quarter 2nd Quarter 3rd Quarter Quarter Year Total cash disbursements for materials Required: 1.82. Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchases for each qu 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. Complete this question by your answers in the tabs below. Reg 4 Req 1 and 2 Reg 3 Rq94 Calculate the estimated direct labor cost for each quarter and for the year as a whole. (Round "Direct labor-hours per unit and "Direct labor cost per hour answers to 2 decimal places.) 1st 2nd 3rd 4th Quarter Quarter Quarter Quarter Year Total direct labor cost Rea3
