Explicit expressions for the RF magnetization of magnetostatic forward volume waves (MSFVW) generated by a microstrip line transducer in a Yttrium Iron Garnet-Gadolinium Gallium Garnet (YIG-GGG) layered structure sandwiched between two finite ground planes have been derived for the first time. The behavior of the RF magnetization as a function of various physical and geometrical parameters and its influence on the design of high-performance guided-wave magnetooptic (MO) Bragg Cells are studied in detail. The effects of DC bias magnetic field and geometrical parameters on the RF magnetization and thus the MO Bragg diffraction or mode-conversion efficiency and the bandwidth are presented in plots generated using a computer. A good agreement between computed and experimental results has been obtained.