B Budgeted production, in bottles The inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 36,000 grams of musk oil will be on hand to start the first quarter of Year 2. First 60,000 Second 90,000 Third 150,000 Required: Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2. Fourth 100,000 First 70,000

The inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs, Some 36,000 grams of musk oil will be on hand to start the first quarter of Year 2. Required: Prepare a direct materials budget for musk ofl, by quarter and in total, for Year 2