Question: 8-3 in excell doc please EXERCISE 8-3 Direct Materials Budget L08-4 Three grams of musk oil are required for each bottle of Mink Caress, a

8-3 in excell doc please
8-3 in excell doc please EXERCISE 8-3 Direct Materials Budget L08-4 Three
grams of musk oil are required for each bottle of Mink Caress,

EXERCISE 8-3 Direct Materials Budget L08-4 Three 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 $1.50 per gram. Budgeted pro- duction of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: Year 2 Year 3 Budgeted production, in bottles. First Second Third Fourth First 60,000 90,000 150,000 100.000 70,000 Musk oil has become so popular as a perfume ingredient that it has become necessary to carry large inventories as a precaution against stock-outs. For this reason, the inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 36.000 grams of musk oil will be on hand to start the first quarter of Year 2. able manufacturine st? Master Budgeting Ung Schedule 3 as your guide, prepare a direct materials budget for musk oil, by water and in Arquivo 393 sl for Year 2 EXERCISE 8.4 Direct Labor Budget LOG-5 The production manager of Rordan Corporat

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