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Three grams of musk oil are required for each bottle of Mink Caress, a popular perfume made by a company in west cost of the musk oil is $1.50 per gram. Budgeted quarterly production of Mink Caress is given below for Year 2 and the Year 3: Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production First 60,000 Total units of raw materials needed Second 90,000 Units of raw materials to be purchased Unit cost of raw materials Cost of raw materials to purchased Year 2 Required: Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2. 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 o of musk oil will be on hand to start the first quarter of Year 2 Third 150,000 Mink Caress Direct Materials Budget - Year 2 First Fourth 100,000 Second Quarter Year 3 First 70,000 Third Fourth

Three grams of musk oil are required for each bottle of Mink Caress, a popular perfume made by a company in western cost of the musk oit is $1.50 per gram. Budgeted quarterly production of Mink Caress is given below for Year 2 and the Year 3: The inventory of musk oil at the end of a quarter must equal 20% of the following quarter's production needs. A total o 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. Three grams of musk oil are required for each bottle of Mink Caress, a popular perfume made by a company in western cost of the musk oit is $1.50 per gram. Budgeted quarterly production of Mink Caress is given below for Year 2 and the Year 3: The inventory of musk oil at the end of a quarter must equal 20% of the following quarter's production needs. A total o 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

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