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 $1.80 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3:

Four grams of musk o 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 $1.80 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3 Year 3 Year 2 First Second Third Fourth First 104,000 Budgeted production, in bottles 94,000 124,000 184,000 ,000 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 75,200 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. (Round "Unit cost of raw materials" answers to 2 decimal places.) Mink Caress Direct Materials Budget Year 2 Quarter First Second Third Fourth Year 94,000 124,000 536,000 Required production in units of finished goods 184,000 134,000 4 4 4 4 4 Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production 496,000 736,000 376,000 536,000 2,144,000 83,200 Add: Desired units of ending raw materials inventory 147,200 99,200 Total units of raw materials needed 475,200 643,200 619.200 Less: Units of beginning raw materials inventory (75,200) 400.000 544,000 0 619,200 0 Units of raw materials to be purchased Unit cost of raw materials Cost of raw materials to purchased