Use the above information to solve question D.

c) Payments for Wood Purchases: Assume the same payment patterns as used from your connect d) Garden Sale has the opportunity to purchases all the wood they need for the quarter at one time at the beginning of April. This would allow them to purchase wood at a reduced cost of $0.18 per sufficient cash to pay for all its wood (no borrowing or interest required), should they buy the quarter's requirement of wood all at once in April? Show your calculations and explain your foot if they can purchase more than 60,000 board feet. Garden Sales estimates they would have Complete the Direct Materials Budget for wood below. Report board feet in whole numbers (round up). Assume Garden Sales can purchase Wood for $0.20 a board foot. Direct Materials Budget - Wood April May Required production in units June Quarter 110,834 x 3 board feet per unit 26,500 x3 x 3 x3 x3 Board feet of wood needed to meet 29,902., 2 production 27,498 132,502 19,500 79,500 Add: Desired ending raw materials = 5,950 6500 13,900 inventory wood 4,800 4,800 Total board feet of wood raw materials needed 2-5700 Less: Beginning raw materials 15.500 | 6.500 3,900 5,500 inventory Board feet of wood raw materials to be purchased 0.20 0.20 0.20 0.20 5,700 IS, 960 28,499 33.998 /36,402 24,300 184,300 28499 290 202 20,400 78,500 20,400.12 29,080 Cost per board foot Wood purchases in dollars 4,080 Is, 70 question and in item 4 above. Calculate the payments necessary for wood purchases for the quarter using the schedule below. Assume 5% of the March 31 accounts payable balance relates to wood purchases. Revised Cash Disbursements for Inventory April May June 12,850 12,990 Quarter 193, 1000,05 4,655 5,700.0.5 2,850 Beginning accounts payable April purchases May purchases June purchases Total cash disbursements for Wood 2910 2,040 15,890 15,030 118,375 15,980 2.040 17,505 answer 7