Magic Enterprises produces three perfumes. The sales department prepared the following tentative sales budget for the first quarter of the coming year:
Perfume Units
Moon Glow ............. 250,000
Enchanting ............. 175,000
Day Dream ............. 300,000
The following inventory levels have been established:

Required:
Prepare a production budget, by product.

Transcribed Image Text:

Work in Process SS Finished Goods Beginning Ending Perfume Moon Glow4000 Enchanting.... 6,000 Day Drea 8,000 Beginning Ending Units Percent Processed Units Percent Processed Units Units 15,000 12,000 10,000 25,000 20,000 50% 30 80 7,000 5,000 8,000 60% 40 75 16,000