Down Under Products' sales budget for the next four months is as follows: The company wants its ending inventory levels to equal 10% of the following month's unit sales. The inventory at the end of March was 6,800 units. Required: Prepare a production budget, by month and in total, for the second quarter. Two grams of musk oil are required for each bottle of Mink Caress, a popular perfume made by a company in western Siberia. The cost of the musk oil is $2.20 per gram. Budgeted quarterly production of Mink Caress is given below for Year 2 and the first quarter of Year 3: The inventory of musk oil at the end of a quarter must equal 20% of the following quarter's production needs. A total of 34,400 grams of musk oil will be on hand to start the first quarter of Year 2. Required: Prepare a direct materials budget for musk oil, by quarter and in total, for Year 2