Preparing Direct Materials and Direct Labour Budgets [ \\( [\\mathrm{O} 2 \\) - CC7, 8] The production department of Hareston Company has submitted the following forecast of units to be produced by quarter for the upcoming fiscal year- In addition, the beginning raw materish inventory for the first quarter is budgeted to be 1,400 kilograms and the beginning accounts payable for the first quarter are budgeted to be \\( \\$ 2,940 \\). Each unit requires two kilograms of raw material that costs \\( \\$ 1.40 \\) per kilogram Management desires to end each quarter with an inventory of raw materials equal to \10 of the following quarter's production needs. The desired ending inventory for the fourth quarter is 1.500 kilograms. Management plans to pay for \80 of raw material purchases in the quarter acquired and \20 in the following quarter: Each unit requires 0.60 direct labour-hours, and direct labour-hour workers are paid \\$14 per hour. Required: 1. Prepare the company's direct materials budget and schedule of expected cash disbursements for materials for the upcoming fiscal year. 2. Prepare the company's direct labour budget for the upcoming fiscal year. assuming that the direct labour workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced