5 ants Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements: ebook a. The finished goods inventory on hand at the end of each month must equal 4.000 units of Supermix plus 25% of the next month's sales. The finished goods Inventory on June 30 is budgeted to be 21.250 units. b. The raw materials inventory on hand at the end of each month must equal one-half of the following month's production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 105.375 cc of solvent H300. c. The company maintains ro work in process inventories Print Reference A monthly sales budget for Supermix for the third and fourth quarters of the year follows. Budgeted Onit Sales July 69,000 haguet 74.000 September 34.000 October 64,000 November 54,000 December 44,000 Required: 1. Prepare a production budget for Supermix for the months July August September, and October 3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July August, and September, and for the quarter in total Complete this question by entering your answers in the tabs below. Required 1 Required a Prepare a production budget for Supermix for the months July August September, and October 3.75 points Never ember 54.100 Required: 1 Prepare a production budget for Supermix for the months July August, September, and October 3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total Complete this question by entering your newers in the tabs below. Rewired 1 Hequired 3 Prepare a production budget for Supermix for the months July August September and October Pearl Products Lim Production Budget July August September Budgeted 3,000 74.000 84.000 Add Desired units ofending raw materials inventory 22.500 25.000 20.000 Total needs 91.500 99.00 25.000 Las of being finished goods wentary 21250 22.500 25,000 Required production in its 70,2501 75.5001 259.000 Oce s4000 17.500 81.500 20,000 BOOT Required 25 Doo 1. Prepare a production budget for Supermix for the months July August September, and October 3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total Print Complete this question by entering your answers in the tabs below. References Required Roure Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for Suly, August, and September, and for the quarter in total. Avqust September Thine Ouarter Paarl Products Limited Direct Material Butlet July Required production in un of finished goods Units of www materials needed per unit of finished goods Units of raw materials needed to meet production At Desired units of ending raw materials inventory Total units of raw materiais needed Less Unts of beginning finished goods inventory Uits of raw materials to be purchased