A D E F G H 27 DIRECT MATERIALS BUDGET: 28 29 Units to be produced 30 Multiply by: Quantity of DM n 31 Quantity of DM needed for pr 32 Plus: Desired ending invento 33 Total quantity of DM needed Dec Jan Feb Mar Quarter Apr 9000 8,300 2 9,375 2 9,850 2 27,525 2 9,400 2 J L M N F25 CORRECT 1 G25 CORRECT 1 TOTAL 10 18000 16,600 18,750 19,700 55,050 18,800 1,660.0 1,875 1,970 1,880 1,880 DM BUDGET: 19660 18,475 20,720 21,580 56,930 D33 CORRECT 1 34 Less beginning inventory of [ 35 Quantity of DM to purchase 1,660 1,875 1,970 1,970 D35 CORRECT 1 19660 16,815 18,845 19,610 55,270 D37 CORRECT 1 36 Multiply by: Cost per pound 37 Total cost of DM purchases 2 2 2 2 2 E33 CORRECT 1 39320 $ 33,630 $ 37,690 $ 39,220 $ 110,540 E35 CORRECT 1 38 39 E37 CORRECT 1 F33 CORRECT 1 40 CASH PAYMENTS FOR DM PURCHASES: F35 CORRECT 1 41 42 Accounts payable 43 Januray purchases Dec Jan Feb Mar Quarter F37 CORRECT 1 31,456 26,904 30,152 88,512 G37 CORRECT 1 6,726 26,904 33,630 TOTAL 10 45 March purchases 44 February purchases 46 Total cash payments 7,538 30,152 37,690 7,844 7,844 38,182 34,442 37,996 110,620 CASH PAYMENT FOR DM PURCHASES 47 48 49 CASH PAYMENTS FOR DIRECT LABOR: D46 INCORRECT E46 CORRECT F46 CORRECT Fab Max Quarter 016 INCORRECT 033