The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year Ist Quarter 22,000 3rd Quarter 24.000 4th Quarter 23.000 2nd Quarter Units to be produced 25.000 In addition, 27,500 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 $8.200 Each unit requires 5 grams of raw material that costs $1.40 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 7.000 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 $13.50 per hour Required: 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 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. Reg 1 and 2 Req3 Reg 4 Calculate the estimated grams of raw material that need to be purchased and the cost of raw material purchased for each quarter and for the Year as a whole 1st Quarter 2nd Quarter 3rd Quarter 4th Quarto Year Estimated grams of raw material to be purchased Cost of raw materials to be purchased Coul and 2 Req3 > The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year 27.000 Ist Quartet 2nd Quarter 3rd Quarter 4th Quarter Units to be produced 22.900 25,000 24,000 In addition, 27.500 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 $8.200 Each unit requires 5 grams of raw material that costs $140 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 7,000 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 $13.50 per hour Required: 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 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, es Complete this question by entering your answers in the tabs below. Reg 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 Your 2nd Quarter 3rd Quarter 4th Quarter 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 1st Quarter 22.000 2nd Quotes 25,000 3rd Quarter 4th Quarter Units to be produced 24.000 23.000 In addition, 27500 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 $8 200, Each unit requires 5 grams of raw material that costs $140 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 7.000 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 $13 50 per hour Required: 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 3. Calculate the expected cash disbursements for purchases of materials for each quorter 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. Reg 1 and 2 Reg Reg4 Calculate the estimated direct labor cost for each quarter and for the year as a whole (Round "orect labor hours per unit and "Oirect labor cost per hour answers to 2 decimal places.) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Year Total direct labor cost
