t: CHAPTER 21 HW ACC 117 21-10 Check My Work Coca-Cola Enterprises is the largest bottler of Coca-Cola in Western Europe. The company purchases Coke dilutes and mixes the in Western Europe. The company purchases Coke and Sprite concentrate from The Coca-Cola Com and then fills the blended beverage into cans or plastic two-liter bottles. Assume that the estimated production for a Company e with carbonated water, a Coke and Sprite two-liter bottles at the Wakefield, uk, bottling plant are as follows for the month of May 176,000 two-liter bottles 112,000 two-liter bottles Sprite costs $60 per pound for both Coke and Sprite and is used at a rate of 0.15 pound per 100 liters of carbonated water i n blending Coke water are used for each two-liter bottle of finished product. Assume In addition, assume that the concentrate and 0.10 pound per 100 liters of carbonated water in blending Sprite. Assume that two liters of carbonated further that two-liter bottles cost $o.12 per bottle and carbonated water costs $0.05 per liter Hide for Prepare a direct materials purchases budget for May 2014, assuming inventories concentrate, bottles, and carbonated water. When required, enter unit prices to the nearest cent. are ignored, because there are no changes between beginning and ending Plant Direct Materials Purchases Budget May 31, 2014 (assumed data) 2-Liter Bottles