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Four grams of fragrance are required for each bottle of Floral, a very popular perfume made by a small company in Lowell. The cost of

Four 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 $1.70 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 92,000122,000182,000132,000102,000 The inventory of fragrance at the end of a quarter must be equal to 20% of the following quarters production needs. Some 73,600 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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