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  3. two grams of musk oll are required for each bottle

Two grams of musk oll are required for each bottle of Mink Caress, a popular...

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Accounting

Two grams of musk oll are required for each bottle of Mink Caress, a popular perfume made by a company in western Siberla. The cost of the musk oll is $2.20 per gram. Budgeted quarterly production of Mink Caress is given below for Year 2 and the first quarter of Year 3:
\table[[,Year 2,Year 3],[Budgeted production, in bottles,First,Second,Third,Fourth,First],[,86,000,116,000,176,000,126,000,96,000]]
The Inventory of musk oll at the end of a quarter must equal 20% of the following quarter's production needs. A total of 34,400 grams of musk oll will be on hand to start the first quarter of Year 2.
Required:
Prepare a direct materlals budget for musk oll, by quarter and in total, for Year 2.
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