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Three grams of musk oll are required for each botte of Mink Caress, a very popular perfume made by a small company in westem Siberia.

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Three grams of musk oll are required for each botte of Mink Caress, a very popular perfume made by a small company in westem Siberia. The cost of the musk oil is $1.50 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3; Musk oil has become so popular as a perfume ingredient thot it has become necessary to carry large inventories as a precoution ogainst stock-outs. For this reason, the inventory of musk ol at the end of a quarter must be equal to 20 of of the following quarter's production needs. Some 36,000 grams of musk oll will be on hand to start the first quarter of Year 2 . Required: Prepare a direct materials budget for musk oll, by quarter and in total, for Year 2

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