Exercise 8-3 (Algo) Direct Materials Budget [LOB-4] Three grams of musk oll we reguired for each bottle of Mink Chress, a very popviar perfume mode by o small cempary h western 5.beria. The cost of the musk oil is 32.20 per gram. fludgeted production of Mink Caress is given below by quarters for year 2 and fe: the firt quarter of Yoar 3 . The inveneory of musk of at the end of a quarter mlst be equai to 20% of the following quanters production needs. 5ome 43200 orams of muk ol wil be on hand to start the frit quaner of Ves 2. Required: Prepave a direct materials budget for musk on, by quarter and in total, for Year 2