Three grams of musk oil are required for each bottle of Mink Caress, a popular perfume made by a small company in lqaluit. The cost

of the musk oil is $50$ dollars per gram. Budgeted production figures of Mink Caress follow by quarters for year $2$ and for the first

quarter of year $3$ :

Musk oil has become so popular as a perfume base that it has become necessary to carry large inventories as a precaution against

stock depletion. 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 $12,000$ grams of musk oil will be on hand to start the first quarter of year $2.$

Required:

Prepare a materials purchases budget for musk oil, by quarter and in total, for year $2.$ At the bottom of your budget, show the amount

of purchases in dollars for each quarter and for the year in total. $($Input your cost of raw materials in thousands of dollars.$)$

Answer is not complete.