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The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year: In addition,

The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the
upcoming fiscal year:
In addition, 21,250 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 $7,200.
Each unit requires 5 grams of raw material that costs $1.20 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 8,000
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.
Required:
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.
Calculate the expected cash disbursements for purchases of materials for each quarter and for the year as a whole.
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
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.
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