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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return 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 $1.80 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: Year 2 Year 3 First Second Third Fourth Pirst Budgeted production, in bottles 80,000 110,000 170,000 120,000 90,000 The inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 32,000 grams of musk oil will be on hand to start the first quarter of Year 2. Required: Prepare a direct materials budget for musk oll, by quarter and in total, for Year 2. 00 Year Fourth Quarter 120,000 . O X Answer is not complete. Mink Caress Direct Materials Budget - Year 2 First Second Third Quarter Quarter Quarter 80,000 110.000 170,000 43 43 4 320,000 440.000 680,000 88,000 136,000 96,000 408,000 576,000 776,000 32.000 88,000 136,000 376,000 488,000 640,000 1.80S 1.80S 1.80$ $ 676,800 S 878,400 S 1.152.000 $ Required production in units of finished goods Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Add: Desired units of ending 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 raw materials to purchased o 480,000 72.000 552,000 $ 96,000 456,000 1.80$ 820,800 72,000 872,000 32,000 1.80 postol dt Written-w#6.pdf respect picture.webp respect picture.webp Step by Step Solution
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