grams of musk oil are required for each bottle of Mink Caress, a very popular...

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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 $2.20 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year3 First Second 00,000 130,000 190,000 140,000 110,000 First Budgeted production, in bottles Musk oil has become so popular as a perfume ingredient that has become necessary carry a e invent nes as a precaution against stock-outs For this eason, the inventory o musk ol at the end o a quar er must be e to 20% o the following quarter's production needs. Some 80,000 grams of musk oil will be on hand to slart the first quarter of Year 2 Required: Prepare a direct materials budget for musk oil, by quarter and in total, for Year2. (Round "Unit cost of raw materials" answers to 2 decimal places.) ink Direct Materials Budget Year 2 Quarter Required production in units of firished goods Units of raw materials needed per unit of finished goods Units of raw meterials needed to meet production Total units of raw materials needed Units of raw materia's to be purchased Unit cost of raw materials Cost of raw materials to purchased

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