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need assustance in calculating the rest of the problem . please provide the math on how you arrived at the number , thank you .

need assustance in calculating the rest of the problem . please provide the math on how you arrived at the number , thank you . image text in transcribed
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Exercise 8-3 Direct Materials Budget (L08-4) 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 $1.60 per gram Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: First 62,000 Year 2 Second Third Fourth 92,000 152,000 102,000 Budgeted production, in bottles Year) First 72,000 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 37.200 grams of musk oil will be on hand to start the first quarter of Year 2. Required: Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2. Required: Prepare a direct materials budget for muskoll, by quarter and in total, for Year 2. Mink Caress Direct Materials Budget - Year 2 Quarter First Second Required production in units of finished goods 62,000 92000 Units of raw materials needed pet unit of finished goods 3 3 Units of raw materiais needed to meet production 186.000 276,000 Add Desired units of onding raw materials inventory Total units of raw materials needed Less Units of beginning raw materials inventory Units of raw materials to be purchased Unit cost of raw materials Cost of uw materials to purchased Third 152.000 3 456,000 Fourth 102,000 3 306,000 Year 408.000 3 1,224,000

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