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 materials inventory is on hand at the start of the 1st Quarter and the beginning accounts payable for the 1st Quarter is $2,880.

Each unit requires 8 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 $11.50 per hour.

2. Prepare the companys direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. (Round "Direct labor-hours per unit" and "Direct labor cost per hour" answers to 2 decimal places.) 1ST QUARTER 5000 2ND QUARTER 8000 3RD QUARTER 7000 4TH QUARTER 6000

1st 3rd 4th Required production in units of finished goods Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Add: Desired units of ending raw materials inventory Total units of raw materials needed 5,000 8,000 7,000 8,000 28,000 208,000 50,000 258,000 48,000 210,000 1.20 $ 60,000$74,400S 64,800 $ 52,800 S 252,000 40,000 18,000 58,000 8,000 50,000 64,000 14,000 78,000 18,000 62,000 58,000 12,000 68,000 14,000 54,000 48,000 8,000 58,000 12,000 44,000 Units of beginning raw materials inventory Units of raw materials to be purchased Unit cost of raw materials Cost of raw materials to be purchased 1.20 $ 1.20 $ 1.20 $ 1.20 $ 1-b. Prepare a schedule of expected cash disbursements for purchases of materials for the upcoming fiscal year Schedule of Expected Cash for Materials 1st 2nd 3rd 4th Quarter QuarterQuarter Quarter Beginning accounts payable 1st Quarter purchases 2nd Quarter purchases 3rd Quarter purchases 4th Quarter purchases Total cash disbursements for materials 0 S 0 S