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 $220 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3 : The inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 80,000 grams of musk oll 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 \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline & & & Mink Caress & & & & \\ \hline & irect & & terials Budge & 1.-Year 2 & & & \\ \hline & & & & Quarte & & & \\ \hline & & & First & Second & Third & Fourth & Yeat \\ \hline Required production in units of finished goods & & & 100,000 & 130,000 & 190,0000 & 140,0000 & 560,0000 \\ \hline Units of raw materials needed per unit of finished goods & & & 40 & 40 & 40 & 40 & 40 \\ \hline Units of raw materials needed to meet production & & & 400,000 & 520,000 & 760,000 & 560,000 & 2,240,000 \\ \hline Add Desired units of ending raw materials inventory & 0 & & 97,600 & 152,0000 & 112,000 & 88,0000 & 449,600 \\ \hline Total units of raw materials needed & & & 497.600 & 640.000 & 872,0000 & 648,0000 & 2.657,600 \\ \hline Less: Units of beginning raw materials inventory & 0 & & 80.0000 & 97.600 & 152,000 & 112,0000 & 441,600 \\ \hline Units of raw materials to be purchased & & & 417.600 & 542,400 & 720,000 & 536,0000 & 2,216,000 \\ \hline Unit cost of raw materials & & \$ & 2.200 & 2.200 & 2.200 & 2200 & 2200 \\ \hline Cost of raw materials to purchased & & 5 & 918.720 & \$ 1,193,280 & $1,584,000 & $1,179,200 & 5,4,875.200 \\ \hline \end{tabular}