Three grams of musk oil are required for each bottle of Mink Caress, a popular perfume made by a small company in westem Siberia. (Siberia is located in Russia, whose currency is the couble.) The cost of the musk oil is 150 coubles, per gram. Budgeted production figures of Mink Caress follow by quarters for year 2 and for the first quarter of year 3: Year 2 Quarter Year 3 Quarter 1 2 3 Budgeted production in bottles 60,000 90,000 150,000 100,000 70,000 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 36,000 grams of musk oil will be on hand to start the first quarter of year 2. Page 395 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 coubles for each quarter and for the year in total Year 3 First Materials Purchases Budget Year 2 First Second Third Fourth Required production in bottles.......... Number of grams, per bottle Total production nnndir Year 3 First Materials Purchases Budget Year 2 First Second Third Fourth Required production in bottles....... Number of grams, per bottle..... Total production needs-grams Year 2 Third Fourth First Second Year .. Production needs grams (above) Add desired ending inventory grams Total needs-grams...... Less beginning inventory grams ...... Raw materials to be purchasedgrams..... Cost of raw materials to be purchased at 150 roubles per gram (in thousands of roubles)