Check my work 3 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 1.68 points Year 2 First Second Third Fourth 0,ODD 100,000 160, 000 110, 000 Year 3 First B0,000 Budgeted production, in bottles 04:4129 Musk oil has become so popular as a perfume ingredient that it has become necessary to carry large inventories as a precaution against stock-outs. For this reason, the inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 42,000 grams of musk oil will be on hand to start the first quarter of Year 2 eBook Required Prepare a direct materials budget for musk oil, by quarter and in total' for Year 2, (Round "Unit cost of raw materials" answers to 2 decimal places.) ) Hint Mink Caress Print Direct Materials Budget- Year 2 Quarter Third First Second Fourth Year References Required production in units of finished goods Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Add: Desired units of ending raw materials inventory Total units of raw materials needed 70,000 100,000 160,000 110,000 440,000 210,000 300,000 480,000 330.000 1.320,000 60.000 6.000 66.000 Units of raw materials to be purchased Unit cost of raw materials Cost of raw materials to purchased