Chapter 8 Help Save& Exit Submit Check my work 3 Four grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small company in western Siberia. The cost of the msk oll 170 per gram Budgeted production of Mink Caress s gven below by quarters for veer 2 ad for the first quarter of Year 3: 10 points First 102,000 Budgeted production, in bottles 92,000 122,000 182,000 132,000 eBook Hint Print Musk oil has become so popular as a perfume ingredient that it has become necessary to carry large inventories as a precaution against stock-outs. For this reason, the inventory of musk oil at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 73,600 grams of musk oil will be on hand to start the first quarter of Year 2 References Required: Prepare a direct materials budget for musk oil, by quarter and in total,for Year 2. (Round "Unit cost of raw materials" answers to 2 decimal places) Mink Caress Direct Materials Budget- Year 2 Quarter Third Fourth First 92,000 122.000 182,000 132.000 528.000 Required production in units of finished goods Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production 488,000 728.000 528.000 2.112,000 368,000