The production department of Zen Corporation has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year. 1st Quarter 2nd Quarter 3rd Quarter Ath 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 Occarter and the beginning accounts payable for the 1st Quarter is 57.200. Each unit requires grams of raw material that costs $1.20 per gram Management desires to end cach quarter with an inventory of raw materiais equal to 25% of the following quarter's production needs. The desired ending inventory for the 4th Quarter is 8.000 grams. Management plans to pay for G0% 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. ") 1-a. Prepare the company's direct materials budget for the upcoming fiscal year. (Round "Unit coct of raw materials answers to 2 deomal plaec.) Zan Corporation Diret Material Budget 1ct 2nd ard Quarter Guarter Quarter ) Quarter Year Required production in units of finished goods Units of raw materiais needed por unit of finished goods Units of raw materiais needed to most production Total units of raw materials nooded Units of raw materials to be purchased Unito aromaterials Cost of raw materials to be purchased 1-5. Prepare a schedule of expected cash disbursements for purchases of materials for the upcoming fiscal year Year Zan Corporation Schedule of Expected Cash Disbursements for Materials 16 2nd 3rd 4th Guarter Quarter Guarter Quarter Beginning accounts payable 1st Quarter purchases 2nd Quarter purchase 3rd Quarter purchases h Quarter purchases Total cash disbursements for materials 2. Prepare the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours requined to produce the forecasted number of units produced (Round "Direot labor-hours per unit and Direct labor cost per hour answers to 2 dolmal places.) Zan Corporation Direct Labor Budgat 16 2nd Quartar Quarter 3rd Guarter 4th Quarter Year Required production in units Direct labor-hours perunt Total direct labor-hours needed Direct labor cost per hour Total direct labor