Question

Three grams of musk ol are required for each bottle of Mink Caress, a very popular perfume made by a small company in western
0 0
Add a comment Improve this question Transcribed image text
Answer #1
First Second Third Fourth Year
Required production in units of finished goods 64000 94000 154000 104000 416000
Units of raw materials needed per unit of finished goods 3 3 3 3 3
Units of raw materials needed to meet production 192000 282000 462000 312000 1248000
Add desired units of ending raw materials inventory 56400 92400 62400 44400 44400
Total units of raw materials needed 248400 374400 524400 356400 1292400
Less units of beginning raw materials inventory 38400 56400 92400 62400 38400
Units of raw materials to be purchased. 210000 318000 432000 294000 1254000
Unit cost of raw materials 1.70 1.70 1.70 1.70 1.70
Cost of raw materials to purchased 357000 540600 734400 499800 2131800
Workings:
Desired units of ending raw materials inventory:
First 56400 =282000*20%
Second 92400 =462000*20%
Third 62400 =312000*20%
Fourth 44400 =74000*3*20%
Add a comment
Know the answer?
Add Answer to:
Three grams of musk ol are required for each bottle of Mink Caress, a very popular...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Three grams of musk oil are required for each bottle of Mink Caress, a very popular...

    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 $2.20 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 Second Third 102,000 162,000 First 72,000 Budgeted production, in bottles Year 3 First 82,000 Fourth 112,000 Musk oil has become so popular...

  • Three grams of musk oil are required for each bottle of Mink Caress, a very popular...

    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 production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: First 60,000 Year 2 Second Third Fourth 90,000 150,000 100,000 Year 3 First 70,000 Budgeted production, in bottles Musk oil has become so popular...

  • Three grams of musk oil are required for each bottle of Mink Caress, a very popular...

    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 Second Third 100,000 160,000 First 70,000 Budgeted production, in bottles Year 3 First 80,000 Fourth 110,000 Musk oil has become so popular...

  • Three grams of musk oil are required for each bottle of Mink Caress, a very popular...

    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 $1.90 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: First 68,000 Year 2 Second Third Fourth 98,000 158,000 108,000 Year 3 First 78,000 Budgeted production, in bottles Musk oil has become so popular...

  • Three grams of musk oil are required for each bottle of Mink Caress, a very popular...

    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 $1.90 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 First Second Third Fourth 68,000 98,000 158,000 108, 000 Year 3 First 78,000 Budgeted production, in bottles Musk oil has become so...

  • Three grams of musk oil are required for each bottle of Mink Caress, a very popular...

    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 production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: Year 2 Budgeted production, i First 60,000 Second 90,000 Third Fourth 150.000 100.000 First 70,000 Musk oil has become so popular as a perfume...

  • Two grams of musk oil are required for each bottle of Mink Caress, a very popular...

    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 oll is $1.80 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 Pirst Second Third Fourth 80,000 110,000 170,000 120,000 Budgeted production, in bottles First 90,000 Musk oll has become so popular as a...

  • Two grams of musk oil are required for each bottle of Mink Caress, a very popular...

    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 $1.60 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 Second Third 106,000 166,000 First 76,000 Budgeted production, in bottles Year 3 First 86,000 Fourth 116,000 Musk oil has become so popular...

  • Three grams of musk oil are required for each bottle of Mink Caress, a very popular...

    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 production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: First 60,000 Year 2 Second Third 90,000 150,000 Fourth 100,000 Year 3 First 70,000 Budgeted production, in bottles Musk oil has become so popular...

  • Two grams of musk oil are required for each bottle of Mink Caress, a very popular...

    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 $1.70 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 Second Third 108,000 168,000 First 78,000 Budgeted production, in bottles Year 3 First 88,000 Fourth 118,000 Musk oil has become so popular...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT