Four grams of musk oll 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 $1.60 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 ol at the end of a quarter must equal 20% of the following quarter's production needs. A total of 72,000 grams of musk oll will be on hand to start the first quarter of Year 2 . Required: Prepare a direct materials budget for musk oll, by quarter and in total, for Year 2