Two grams of fragrance are required for each bottle of Floral, a very popular perfume made by a small company in Lowell. The cost of the fragrance is $ per gram. Budgeted production of Floral is given below by quarters for Year and for the first quarter of Year :
tableYear Year Budgeted production, in bottles,First,Second Third Fourth,First,
The inventory of fragrance at the end of a quarter must be equal to of the following quarter's production needs. Some grams of fragrance will be on hand to start the first quarter of Year
Required:
Prepare a direct materials budget for fragrance, by quarter and in total, for Year
tableUnits of raw materials needed per unit of finished goodsUnits of raw materials needed to meet productionUnital units of raw materials neededUnit cost of raw materials
