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	2nd Quarter	3rd Quarter	4th Quarter
Units to be produced	17,000	20,000	19,000	18,000

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 quarters 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:

1-a.

Prepare the companys direct materials budget for the upcoming fiscal year. (Round "Unit cost of raw materials" answers to 2 decimal places.)

Zan Corporation Direct Materials Budget
	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter	Year
Production needs - pounds
Add Desired Units
Total needs - pounds
Deduct Units of beginning raw material
Raw materials to be purchased - pounds
Cost of raw materials to be purchased	$	$	$	$	$

1b-.

Prepare a schedule of expected cash disbursements for purchases of materials for the upcoming fiscal year.

Zan Corporation Schedule of Expected Cash Disbursements for Materials
	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter	Year
Accounts payable, beginning balance	7200$	0$	0$	0$	7200$
1st Quarter purchases			0	0
2nd Quarter purchases				0
3rd Quarter purchases	0	0
4th Quarter purchases	0	0	0
Total cash disbursements for materials	$	$	$	$	$