Three grams of musk oil are required for each bottle of Mink Caress, a popular perfume made by a company in western Siberia. The cost of the musk oil is $1.50 per gram. Budgeted quarterly production of Mink Caress is given below for Year 2 and the first quarter of Year 3: Year 2 First Second Third Fourth 60,000 90,000 150,000 100,000 Year 3 First 70,000 Budgeted production, in bottles The inventory of musk oil at the end of a quarter must equal 20% of the following quarter's production needs. A total of 36,000 grams of musk oil will be on hand to start the first quarter of Year 2. Calculate what is needed to purchase (quantity and $'s) for each quarter and the full Year 2 in order to insure production levels can be met.

Three grams of musk oil are required for each bottle of Mink Caress, a popular perfume made by a company in wettern Siberia. The cost of the musk oil is $1.50 per gram. Budgeted quartedly production of Mink Caress is given below for Year 2 and the first quarter of Year 3; The inventory of musk ail at the end of a quarter must equal 20% of the following quarter's production needs. A tocal of 36,000 grams of musk oil will be on hand to start the first quarter of Year 2. Calculate what is needed to purchase (quantity and \$\$s) for each quarter and the full Year 2 in order to insure production levels can be met