in westen Three grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small company Siberia. The cost of the musk oil is $1.90 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: Year 2 First SecondThirdFourth 68,000 98,000 158,000 108,000 Year 3 First 78,000 Budgeted production, in bottles 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 production needs. Some 40,800 grams of musk oil will be on hand to start the first quarter of Year2. following quarter's 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.) Answer is not complete. Mink Caress Direct Materials Budget- Year 2 Quarter First Second Third Fourth Year 68,000 98,000 158.000 108,000 43,200 Required production in units of finished goods Units of raw materials needed per unit of finished goods3 3C Answer is not complete. Mink Caress Direct Materials Budget- Year 2 Quarter First Third Fourth Year 68,00098,000 158,000 108,000 43,200 Required production in units of finished goods Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Add: Desired units of ending raw materials inventory 58,80094068004680 3 4,000 324,000129,600 265,200 204,000 294,000 262 800388,800 5380370,800 1,561.200 538,800 370,800 Total units of raw materials needed Less: Units of begining raw materials inventory(40,800)(58.,800)(94,800)(64800)(259.200) Units of raw materials to be purchased Unit cost of raw materials Cost of raw materials to purchased