Two 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 $ per gram. Budgeted production of Mink Caress is given below by quarters for Year and for the first quarter of Year :
tableYear Year Budgeted production, in bottles,First,Second,Third,Fourth,First
The inventory of musk oil at the end of a quarter must be equal to of the following quarter's production needs. Some grams of musk oil will be on hand to start the first quarter of Year
Required:
Prepare a direct materials budget for musk oil, by quarter and in total, for Year
table
