Prepare a direct materials budget for musk oil by quarter and in total for year 2

Three groms of muskoll 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 $180 per geom Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: Year 2 Year First econd Third Fourth tudgeted production, in bottles 66,000 94.000 156.000 106,000 76.000 The inventory of muskoll at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 39,600 grams of musk oil will be on hand to start the first quarter of Your 2 Required: Prepare a direct materials budget for muskoll, by quarter and in total, for Year 2 1:50 Mink Caress Direct Materials Budget Year 2 Quarter First Second Year Third Fourth Units of raw materials needed per unit of finished goods Units of raw materiais needed to moet production Total units of raw materials needed Units of raw materials to be purchased Unit cost of raw materials A. HUMU 16.000 16.00 Budgeted production. In botti 66.000 156.000 10.00 The inventory of muskoll at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 39,600 grams of muskoll 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 Yeat 2. Mink Caress Direct Materiale budget-Year 2 Quarter First Second Your Third Fourth Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Total units of raw materials needed Units of raw materials to be purchased Unit cost of raw materials Cost of raw materials to purchased