2 1.2 points Check my work Four 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: Budgeted production, in bottles Year 2 First 92,000 Second 122,000 Third 182,000 Fourth 132,000 Year 3 First 102,000 eBook The inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 73,600 grams of musk oil will be on hand to start the first quarter of Year 2. Hint Required: Print Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2. References Mink Caress Direct Materials Budget - Year 2 Quarter Year First Second 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