Question: please answer. I will give a good rate Exercise 8-3 (Algo) Direct Materials Budget [LO8-4] Four grams of musk oll are required for each bottle

please answer. I will give a good rateplease answer. I will give a good rate Exercise 8-3 (Algo) Direct

Exercise 8-3 (Algo) Direct Materials Budget [LO8-4] Four grams of musk oll are required for each bottle of Mink Caress, a very popular perfume made by a small company In western Siberla. The cost of the musk oll is $1.60 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 oll at the end of a quarter must be equal to 20% of the following quarter's production needs. Some 72,000 grams of musk oll will be on hand to start the first quarter of Year 2. Required: Prepare a direct materlals budget for musk oll, by quarter and In total, for Year 2

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