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3 5 points Skipped Four grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a
3 5 points Skipped Four grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small company in western Siberia. The cost of the musk oil is $2.20 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: Budgeted production, in bottles. Year 2 First 100,000 Second 130,000 Third 190,000 Fourth 140,000 Year 3 First 110,000 The inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 80,000 grams of musk oil will be on hand to start the first quarter of Year 2. eBook Required: Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2. Print References Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Total units of raw materials needed Units of raw materials to be purchased Unit cost of raw materials Cost of raw materials to purchased Mink Caress Direct Materials Budget - Year 2 Quarter Year First Second Third Fourth
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