Three grams of musk oll are required for each bottle of Mink Caress, a very popular perfume made by a small company in western Siberia. The cost of the musk oil is $1.90 per gram. Budgeted production of Mink Caress is given below by quarters for Year 2 and for the first quarter of Year 3: Budgeted production, in bottles Year 2 First 68,000 Second 98,000 Third 158,000 Fourth Year 3 First 108,000 78,000 The Inventory of musk oll at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 40,800 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. 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 Cost of raw materials to purchased Mink Caress Direct Materials Budget - Year 2 Quarter Year First Second Third Fourth