Babu Enterprise sells packaged baby foods for $60/unit and is preparing budget for the 1st quarter of 2020. His actual and budgeted data include: Details ....... .Nov 2019... Dec 2019... Jan 2020... Feb 2020... Mar 2020... Apr 2020... May 2020 Production in units ..... 5800...... 8500......4500...... 5300 ....... 6700...... 4700...... 6600 Each unit of product requires 10 kilograms of raw materials to produce. And Babu keeps an ending inventory of raw materials equal to 50% of the following month's production needs of raw materials. The price of raw material is 52/kilogram. An advance payment of 50% is to be made a month prior to purchase. 20% is paid in the month of purchase. The rest is paid in the month following purchase. Instructions: For the 1st quarter of 2020, prepare: (A) Direct Materials Budget (5 marks). (B) Cash Payment (disbursement) Schedule for Raw Materials (3 marks) and (c) Calculate the balance of accounts payable at the end of the first quarter of 2020 (2 marks) - (Use the table below to answer) January 2020 February 2020 March 2020 1st Quarter of 2020 (A) Direct Materials Budget Details January February March Quarter text response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numerio response numeric response numerio response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response text response text response text response Total Needed text response Purchases of raw materials (KG) text response Purchases of raw materials ($) numeric response numeric response numeric response numeric response numeric response numerio response numeric response numeric response numeric response numeric response numeric response numeric response January (5) February (5) March (5) Quarter ($) numeric response numeric response numeric response numeric response numeric response numeric response (B) Cash Payment Schedule Details Accounts Payables January's Purchases: text response text response February's Purchases: text response text response text response March's Purchases: text response text response Total Cash Payments numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response numeric response