please answer the following question

Four grams of musk oil are required for each bottle of Mink Caress (selling for $30 per bottle), a popular perfume made by a small company in the Niagara Region The cost of the musk oil is $1.50 per gram. Budgeted production figures of Mink Caress follow by quarters for year 2 and the first quarter of year 3: Q1 Q2 Q3 Q4 Year3 01 Budgeted production (in bottles): 60,000 90,000 150,000 100,000 70,000 Experience has shown that end-of-quarter inventory levels must equal 12% of the following quarter's sales. The inventory at the end of Year 1 was 4,500 bottles of Mink Caress. Musk Oil has become so popular as a perfume base that it has become necessary to carry large inventories as a precaution against stock depletion. 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 36,000 grams of musk oil will be on hand to start the first quarter of year 1. The company estimates that it takes on average 12 minutes of direct labour to produce 1 bottle of Mink Caress. The wage rate for employees involved in manufacturing is $12.50 per hour. Overhead is allocated at a predetermined rate of $25 per direct labour hour. Typical selling costs per quarter amounts to $300,000 except for quarters 3 and 4 where the company plans to spend an additional $150,000 on marketing and advertising campaigns. The company budgets admin and general costs to remain at $410,000 per quarter for year 2. 1. Prepare a sales and production budget for each quarter of Year 2. 2. Prepare a direct material, labour and overhead budget for Quarters 1, 2 and 3 for Year 2. 3. Prepare a budgeted income statement for each quarter of year 2. Budgeting is a tool that is mainly used for: directing O strategizing U organizing planning O controlling implementing The production budget is required to complete the following additional budgets? (Select all appropriate answers) direct labour budget overhead budget zero-based budget direct materials bladget sales budget selling and administration budget What is the cost of manufacturing overhead for the Mink Caress for 03? Please round your answer to the nearest dollar without any dollars.com or decimas for emplo it your answer is 51234.56, you would enter 1235 Change the estimated Quarter 2 sales to 90,000 units and implement the following changes: 1. Selling price per unit of $31.50 for Quarters 3 and 4. 2. Finished goods inventory equal to 10% of the following month's sales 3. Cost of material used in production to 51.65 per gram 4. Ending inventory for the steel piping should be equal to 13% of the following months production needs. 5. The wage rate per employee has increased to $15 per hour from Quarter 2 onwards What is the total budgeted cost for manufacturing overhead for 3 Post round your answer to the nearest come without any doctor signs.coms or decimal For example, if your answer is $1234.56you would enter 1235 Change the estimated Quarter 2 sales to 90,000 units and implement the following changes: 1. Selling price per unit of $31.50 for Quarters 3 and 4 2. Finished goods inventory equal to 10% of the following month's sales. 3. Cost of material used in production to $1.65 per gram. 4. Ending Inventory for the steel piping should be equal to 18% of the following month's production needs. 5. The wage rate per employee has increased to 513 per hour from Quarter 2 onwards. What is the total production units to manufacture in Quarter 12 Please round your answer to the nearest dollar without any dollar signs, commas or decimals. For example, if your answer is $1234.56 you would enter 1235 Change the estimated Quarter 2 sales to 90,000 units and implement the following changes 1. Selling price per unit of $31.50 for Quarters 3 and 4 2. Finished goods inventory equal to 10% of the following month's sales, 3. Cost of material used in production to 51,65 per gram 4. Ending inventory for the steel piping should be equal to 18% of the following month's production needs. 5. The wage rate per employee has increased to 513 per hour from Quarter 2 onwards What is the total budgeted production in units for 03? Please round your answer to the nearest whole number without any commasof decimals. For example, if your answer is 1234 56. you would enter 1235 Four grams of musk oil are required for each bottle of Mink Caress (selling for $30 per bottle), a popular perfume made by a small company in the Niagara Region The cost of the musk oil is $1.50 per gram. Budgeted production figures of Mink Caress follow by quarters for year 2 and the first quarter of year 3: Q1 Q2 Q3 Year3 Q1 Budgeted production (in bottles): 60,000 90,000 150,000 100,000 70,000 Experience has shown that end-of-quarter inventory levels must equal 12% of the following quarter's sales. The inventory at the end of Year 1 was 4,500 bottles of Mink Caress. Musk Oil has become so popular as a perfume base that it has become necessary to carry large inventories as a precaution against stock depletion. 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 36,000 grams of musk oil will be on hand to start the first quarter of year 1. The company estimates that it takes on average 12 minutes of direct labour to produce 1 bottle of Mink Caress. The wage rate for employees involved in manufacturing is $12.50 per hour. Overhead is allocated at a predetermined rate of $25 per direct labour hour. Typical selling costs per quarter amounts to $300,000 except for quarters 3 and 4 where the company plans to spend an additional $150,000 on marketing and advertising campaigns. The company budgets admin and general costs to remain at $410,000 per quarter for year 2. 1. Prepare a sales and production budget for each quarter of Year 2. 2. Prepare a direct material, labour and overhead budget for Quarters 1, 2 and 3 for Year 2. 3. Prepare a budgeted income statement for each quarter of year 2. The production budget is required to complete the following additional budgets? (Select all appropriate answers) direct labour budget overhead budget zero-based budget direct materials badget sales budget selling and administration budget Budgeting is a tool that is mainly used for: directing O strategizing organizing planning O controlling implementing What is the cost of manufacturing overhead for the Mink Caress for 03? Please round your answer to the nearest dollar without any dollar signs.com or decimas forample, it your answer is 51234.56. you would enter 1235 Four grams of musk oil are required for each bottle of Mink Caress (selling for $30 per bottle), a popular perfume made by a small company in the Niagara Region The cost of the musk oil is $1.50 per gram. Budgeted production figures of Mink Caress follow by quarters for year 2 and the first quarter of year 3: Q1 Q2 Q3 Q4 Year3 01 Budgeted production (in bottles): 60,000 90,000 150,000 100,000 70,000 Experience has shown that end-of-quarter inventory levels must equal 12% of the following quarter's sales. The inventory at the end of Year 1 was 4,500 bottles of Mink Caress. Musk Oil has become so popular as a perfume base that it has become necessary to carry large inventories as a precaution against stock depletion. 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 36,000 grams of musk oil will be on hand to start the first quarter of year 1. The company estimates that it takes on average 12 minutes of direct labour to produce 1 bottle of Mink Caress. The wage rate for employees involved in manufacturing is $12.50 per hour. Overhead is allocated at a predetermined rate of $25 per direct labour hour. Typical selling costs per quarter amounts to $300,000 except for quarters 3 and 4 where the company plans to spend an additional $150,000 on marketing and advertising campaigns. The company budgets admin and general costs to remain at $410,000 per quarter for year 2. 1. Prepare a sales and production budget for each quarter of Year 2. 2. Prepare a direct material, labour and overhead budget for Quarters 1, 2 and 3 for Year 2. 3. Prepare a budgeted income statement for each quarter of year 2. Budgeting is a tool that is mainly used for: directing O strategizing U organizing planning O controlling implementing The production budget is required to complete the following additional budgets? (Select all appropriate answers) direct labour budget overhead budget zero-based budget direct materials bladget sales budget selling and administration budget What is the cost of manufacturing overhead for the Mink Caress for 03? Please round your answer to the nearest dollar without any dollars.com or decimas for emplo it your answer is 51234.56, you would enter 1235 Change the estimated Quarter 2 sales to 90,000 units and implement the following changes: 1. Selling price per unit of $31.50 for Quarters 3 and 4. 2. Finished goods inventory equal to 10% of the following month's sales 3. Cost of material used in production to 51.65 per gram 4. Ending inventory for the steel piping should be equal to 13% of the following months production needs. 5. The wage rate per employee has increased to $15 per hour from Quarter 2 onwards What is the total budgeted cost for manufacturing overhead for 3 Post round your answer to the nearest come without any doctor signs.coms or decimal For example, if your answer is $1234.56you would enter 1235 Change the estimated Quarter 2 sales to 90,000 units and implement the following changes: 1. Selling price per unit of $31.50 for Quarters 3 and 4 2. Finished goods inventory equal to 10% of the following month's sales. 3. Cost of material used in production to $1.65 per gram. 4. Ending Inventory for the steel piping should be equal to 18% of the following month's production needs. 5. The wage rate per employee has increased to 513 per hour from Quarter 2 onwards. What is the total production units to manufacture in Quarter 12 Please round your answer to the nearest dollar without any dollar signs, commas or decimals. For example, if your answer is $1234.56 you would enter 1235 Change the estimated Quarter 2 sales to 90,000 units and implement the following changes 1. Selling price per unit of $31.50 for Quarters 3 and 4 2. Finished goods inventory equal to 10% of the following month's sales, 3. Cost of material used in production to 51,65 per gram 4. Ending inventory for the steel piping should be equal to 18% of the following month's production needs. 5. The wage rate per employee has increased to 513 per hour from Quarter 2 onwards What is the total budgeted production in units for 03? Please round your answer to the nearest whole number without any commasof decimals. For example, if your answer is 1234 56. you would enter 1235 Four grams of musk oil are required for each bottle of Mink Caress (selling for $30 per bottle), a popular perfume made by a small company in the Niagara Region The cost of the musk oil is $1.50 per gram. Budgeted production figures of Mink Caress follow by quarters for year 2 and the first quarter of year 3: Q1 Q2 Q3 Year3 Q1 Budgeted production (in bottles): 60,000 90,000 150,000 100,000 70,000 Experience has shown that end-of-quarter inventory levels must equal 12% of the following quarter's sales. The inventory at the end of Year 1 was 4,500 bottles of Mink Caress. Musk Oil has become so popular as a perfume base that it has become necessary to carry large inventories as a precaution against stock depletion. 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 36,000 grams of musk oil will be on hand to start the first quarter of year 1. The company estimates that it takes on average 12 minutes of direct labour to produce 1 bottle of Mink Caress. The wage rate for employees involved in manufacturing is $12.50 per hour. Overhead is allocated at a predetermined rate of $25 per direct labour hour. Typical selling costs per quarter amounts to $300,000 except for quarters 3 and 4 where the company plans to spend an additional $150,000 on marketing and advertising campaigns. The company budgets admin and general costs to remain at $410,000 per quarter for year 2. 1. Prepare a sales and production budget for each quarter of Year 2. 2. Prepare a direct material, labour and overhead budget for Quarters 1, 2 and 3 for Year 2. 3. Prepare a budgeted income statement for each quarter of year 2. The production budget is required to complete the following additional budgets? (Select all appropriate answers) direct labour budget overhead budget zero-based budget direct materials badget sales budget selling and administration budget Budgeting is a tool that is mainly used for: directing O strategizing organizing planning O controlling implementing What is the cost of manufacturing overhead for the Mink Caress for 03? Please round your answer to the nearest dollar without any dollar signs.com or decimas forample, it your answer is 51234.56. you would enter 1235