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

Three grams of musk oil are required for each bottle of Mink Caress, a popular perfume made by a company in western Siberia. The cost of the musk oil is $1.70 per gram. Budgeted quarterly production of Mink Caress is given below for Year 2 and the first quarter of Year 3:
The inventory of musk oil at the end of a quarter must equal 20% of the following quarter's production needs. A total of 38,400grams 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 n total, for Year 2
\table[[Units of raw materials needed per unit of finished goods,,],[Units of raw materials needed to meet production,,],[Total units of raw materials needed,Direct Material5 Budget - Year 2,],[Units of raw materials to be purchased,Unit cost of raw materials,Cost of raw materials to purchased]]
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