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please check to see if correct and please help with the last 5 boxes to the right. Two grams of musk oil are required for
please check to see if correct and please help with the last 5 boxes to the right.
Two 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 $170 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: Year 2 Years First Second Third Fourth First Budgeted production, in bottles 78,000 108,000 168,000 118,000 88,000 The inventory of musk oll at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 31,200 grams of musk oil will be on hand to start the first quarter of Year 2 Required: Prepare a direct materials budget for muskoll, by quarter and in total, for Year 2. Year Third 168,000 2 Mink Caress Direct Materials Budget - Year 2 Quarter First Second Required production in units of finished goods 78,000 108 000 Units of raw materials needed per unit of finished goods 2 2 Units of raw materials needed to meet production 156,000 216,000 Add Desired units of ending raw materials inventory 43 200 67,200 Total units of raw materials needed 199 200 283 200 Less Units of beginning raw materials inventory 31 200 43 2001 Units of raw materials to be purchased 168000 240,000 Unit cost of raw materials $ 1.70S 1.70s Cost of raw materials to purchased S 285.000 5 408,000 $ 88.000 2 176 000 336,000 47200 383 200 67 200 318 000 1.7075 537200 S Fourth 118.000 2 236 000 35 200 979,200 31 200 948 000 1.70 1 811.000 Step by Step Solution
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