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Check my w Three grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small company
Check my w Three 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 $190 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: Fiat 68, Year 2 Second Third Tourth 98,eee 158, 103, Budgeted production, in bottles Year 3 First 78,00 Musk oil has become so popular as a perfume ingredient that it has become necessary to carry large inventories as a precaution against stock-outs. For this reason, the inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 40.800 grams of musk oil will be on hand to start the first quarter of Year 2 ses Required: Prepare a direct materials budget for musk oil, by quarter and in total for Year 2 Mink Cars + Direct Materials Budget Year 2 Quarter First Second Third Yea 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
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