1. It should be listed under main missions. Create the cheapest thing you can, and see if it's a running tally or not. I made a 4 star face paint and got the gloves, but that costed more than 12000 to make.

2. Depends on what you want, you'll need lots of stuff for 4* equipment, which means you'll likely need to hold off on running too much for a day or so.

HERE is a link to a crafting list, along with how many of what you'll need to craft specific things (Credit to Xellon on the ulmf boards). You may want to bookmark it.

The 5* gloves that you get from the quest are +3% Eva / +3% Def... In case you were wondering.