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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,

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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, 6.000 grams of raw materlals Inventory is on hand at the start of the ist Quarter ond the beginning accounts payable for the ist Quarter is $2.880. Each unit requires 8 grams of raw material that casts $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 4 th 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 $15 per hout: Required: 1. and 2 . Calculate the estimated grams of raw material that need to be purchased and the cost of raw moterial purchases for each quatter and for the year as a whole. 3. Calculate the expected cash disbursements for purchases of materlals 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. Calculate the estimated orams 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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