Question: please help i cannot figure out what i am doing wrong Three grams of musk oil are required for each bottle of Mink Caress, a

please help i cannot figure out what i am doing wrong
please help i cannot figure out what i am doing wrong Three

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 $2.10 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 Second Third Fourth First First 70,000 Budgeted production, in bottles 100,000 160,000 110,000 80,000 The inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 42,000 grams 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. Answer is complete but not entirely correct. Mink Caress Direct Materials Budget - Year 2 Quarter Year Second Third First 70,000 Required production in units of finished goods 160,000 440,000 Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production 210,000 480,000 1,320,000 64,000 Add: Desired units of ending raw materials inventory O Total units of raw materials needed 1,384.000 Less: Units of beginning raw materials inventory 42.000 Units of raw materials to be purchased 1,342.000 Unit cost of raw materials $ 2.10 Cost of raw materials to purchased $ 2,818,200 S 5 $ 30 60,000 270,000 42,000 228,000 2.10 478,800 100,000 3 300,000 96,000 396,000 60,000 336,000 2.10 $ S 705,600 30 66,000 Fourth 333 110,000 3 330,000 546,000 394,000 96.000 66,000 450,000 328.000 2:10 S 2.10 $ 945,000 $ 688,800 30 64,000 30 *****

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