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Three grams of musk olf are reculred for each botte of Mink Caress, a very popular perfume made by a small company in westerm Siberia.

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Three grams of musk olf are reculred for each botte of Mink Caress, a very popular perfume made by a small company in westerm Siberia. The cost of the musk oil is $1.70 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3 ; The inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 38,400 grams of musk oil will be on thand to start the first quarter of Year 2 . Required: Prepare a direct materials budget for musk oil, by oyarter and in totol, for Yos 2

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