Chapter 8 Homework 3 14.28 (8) Facebook A AdaptedMind Math 00:28 22 Alamo Colleges Lo... Billboard Digital M.. Budgeted production, in bottles Year 2 First Second Third Fo Cool Math 4 Kids L... Exercise 8-3 (Static) Direct Materials Budget [LO8-4] Three grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by small company in western Siberia. The cost of the musk oil is $1.50 per gram. Budgeted production of M Caress is given below by quarters for Year 2 and for the first quarter of Year 3: Saved 60, ,000 90,000 150,000 100,000 70,000 Mink Caross Year 3 First < Prev Required: Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2. The inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's product needs. Some 36,000 grams of musk oil will be on hand to start the first quarter of Year 2. Elementary Test Pre..... Third Quartor Emergene Next >