Required information

Exercise $14-11($Algo$)$ Purchases budget LO $14-5$

$[$The following information applies to the questions displayed below.$]$

Each gallon of Old Brut, a popular aftershave lotion, requires $2\mathrm{.}25$ ounces of ocean scent. Budgeted production of Old

Brut for the first three quarters of $2022$ is as follows:

Management's policy is to have on hand at the end of every quarter enough ocean scent inventory to meet $40\%$ of the

next quarter's production needs. At the beginning of Quarter I, $9,900$ ounces of ocean scent were on hand.

ercise $14-11($Algo$)$ Part a

quired:

Calculate the number of ounces of ocean scent to be purchased in each of the first two quarters of $2022.$