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Company policy requires that ending inventories for each month be 15% of next month's sales. At the beginning of January, the irwentory of otic fluid

image text in transcribed Company policy requires that ending inventories for each month be 15% of next month's sales. At the beginning of January, the irwentory of otic fluid is 34,000 bottles. 1. Prepare a production budget for the first quarter of the year. Show the number of bottles that should be produced each month as well as for the quarter in total. 2. Prepare a direct materials purchases budget for bottles for the months of January and February. Round all calculations to the nearest whole number. Dat Dli.te Ine Prepare a direct materials purchases budget for salicylic acid and water mixture for the months of January and February. Round all calculations to the nearest whole number. Pet Plus, Inc

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