The production department of Zan Corporation has submitted the following forecast of units to be produced upcoming fiscal year by quarter for the 1st 2nd 3rd Quarter Quarter Quarter Quarter 4th Units to be produced 5,700 8,700 7,700 6,700 In addition, 6,700 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 $3,580 Each unit requires 8.70 grams of raw material that costs $1.40 per gram. Management desires to end each quarter with an raw materials equal to 30% of the following quarter's production needs. The desired ending inventory for the 4th quarter is 8,700 grams unit requires 0.30 direct labour-hours and direct labourers are paid $10.10 per hour of plans to pay for 50% of raw material purchases in the quarter acquired and 50% in the following quarter Each for the 1. Prepare the s direct materials purchases budget and schedule of expected cash disbursements for m Corporation 1st Quarter 2nd 3rd Quarter 4th Quarter goods Required 1. Prepare the company's direct materials purchases budget and schedule of expected cash disbursements for materials for the upcoming fiscal year Corpora Direct Materials Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter in units of goods of r to meet production to be Units of raw Unit cost of raw m 0 $ 1st that the direct la 1st 3rd 4th