Two oices of code are required for each bottle of Hawaiian Gold a sontan lotion made in Orange Caldom. The zinc oxide Cost: 5220 berounce Budgeted production of Hawaiian Gold is given below by quarters for Year 2 nd for the first quarter of Year 3 Dude INTRO Hist 15.00 Second 110,00 thand 16, Fath 120,000 Ya ist . The high demand for inc oxide which requires the company to have large inventions of the ingredient in case of a shortage for this reason, the zinc oxide inventory at the end of a quarter must be equal to 20% of the following quarter's production needs some 34400 ounces of in de will be on hand to start the starter of Year 2 Required Preno o direct budget for inc oxide by quarter and tool for Year 2 Hewan old Direct Materials Bodart Year 2 First Second Third Fourth Year Unoftwanded offshed goods Uw raw made to oroduction Tots of matelas Ustaw meals tsbe cestora Costerawat pushed Two ounces of zinc oxide are required for each bottle of Hawaiian Gold. a suntan lotion made in Orange, California. The zinc oxide cost is $2.20 per ounce Budgeted production of Hawaiian Gold is given below by quarters for Year 2 and for the first quarter of Year 3: Year 2 Second Third 116,000 176.000 First 86,000 Budgeted production, in bottles Year First 96,000 Fourth 126,000 There is a tigh demand for zinc oxide which requires the company to have large inventories of the ingredient in case of a shortage. For this reason, the zinc oxide inventory at the end of a quarter must be equal to 20% of the following quarter's production needs some 34 400 ounces of zinc oxide wil be on hand to start the first quarter of Year 2 Required: Prepare a direct materials budget for zinc oxide by quarter and in total, for Year 2 Hawaiian Gold Direct Materials Budget Year 2 Quarter First Second Third Fourth Year Units of raw materials needed per unit of finished goods Units of raw materials needed to meat production Total units of raw materials needed Units of raw materials to be purchased Urit cost of raw materials Cast of raw materials to purchased