Two grams of musk oil are required for each bottle of Mink Caress, a very...
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Accounting
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
First
Budgeted production, in bottles
80,000
110,000
170,000
120,000
90,000
Mink Caress
Direct Materials Budget - Year 2
Quarter
First
Second
Third
Fourth
Year
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
Total units of raw materials needed
0
Units of raw materials to be purchased
Unit cost of raw materials
Cost of raw materials to purchased
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