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please help Exercise 8-3 (Algo) Direct Materials Budget (LO8-4) Three grams of musk oil are required for each bottle of Mink Caress, a very popular
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Exercise 8-3 (Algo) Direct Materials Budget (LO8-4) Three grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small company in wester 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 Year3 Third First Budgeted production, In bottles 76,000 The inventory of muskot at the end of a quarter must be equal to 20% of the following quarter's production needs some 39.600 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 Fiest 66,000 Year 2 Second 96,000 156,000 Fourth 106,000 Mink Caress Direct Materials Budget - Year 2 First Quarter Second Quarter Third Quarter Fourth Quarter Year Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production giumaa HLUWU WILL LUI MILO Required: Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2 Mink Caress Direct Materials Budget-Year 2 First Quarter Second Quarter Third Quarter Fourth Quarter Year Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Total units of raw materials needed Units of raw materials to be purchased Unit cost of raw materials Cost of raw materials to purchased Step by Step Solution
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