Three grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small comp Siberia. The cost of the musk oil is $1.50 per gram. Budgeted production of Mink Caress is given below by quarters the first quarter of Year 3: Budgeted production, in bottles Year 2 Year 31 First 60,000 Second 90,000 Third 150,000 Fourth First 100,000 70,000 The inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs grams of musk oll 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. Mink Caress Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Total units of raw materials needed Units of raw materials to be purchased Unit cost of raw materials Direct Materials Budget - Year 2. First Quarter Second Third Fourth Dray 17 of 25 Next >