Business, 10.05.2021 22:40 devilrao6742

required for each bottle of Floral, a very popular perfume made by a small company in Lowell. The cost of the fragrance is $1.50 per gram. Budgeted production of Floral is given below by quarters for Year 2 and for the first quarter of Year 3: Year 2 Year 3 First Second Third Fourth First Budgeted production, in bottles 88,000 118,000 178,000 128,000 98,000 The inventory of fragrance at the end of a quarter must be equal to 20% of the following quarter’s production needs. Some 70,400 grams of fragrance will be on hand to start the first quarter of Year 2. Required: Prepare a direct materials budget for fragrance, by quarter and in total, for Year 2.

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required for each bottle of Floral, a very popular perfume made by a small company in Lowell. The co...

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