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3 133 port Two 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 $190 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 Tirst Second Third Fourth First Budgeted production, in bottles 82.000 112,000 172,000 122,000 92,000 The inventory of muskoll at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 32,800 grams of musk oil will be on hand to start the first quarter of Year 2 Required: Prepare a direct materials budget for muskoll, by quarter and in total, for Year 2 -Boon ce Year Third Fourth Mink Caress Direct Materials Budget - Year 2 Quarter First Second 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 Total units of raw materiais needed Units of raw materials to be purchased Ine inventory of musk out at the end of a quarter must be equal to 20% of the following quarters production needs. Some 32,800 grams of musk oil will be on hand to start the first quarter of Year 2 Required: Prepare a direct materials budget for musk ol, by quarter and in total, for Year 2 Year Mink Caress Direct Materials Budget - Year 2 Quarter First Second Third 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 Fourth Total units of raw materials needed Units of raw materials to be purchased Unit cost of raw materials Cost of raw materials to purchased Saved ine inventory of musk Oil at the end of a quarter must be equal to 20% of the following quarter's production ne 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. Third Fourth Mini Caress Direct Materials Budget - Year 2 Quarter First Second 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 l. OR RIN Add: Desired units of ending raw materials inventory Add: Units of beginning raw materials inventory Less: Desired units of ending raw materials inventory Less: Units of beginning raw materials inventory tv 18 MacBook Air . : BO R: