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Asia. Three cubic centimetres (cc) of solvent Q80 are required to manufacture each unit of Fineclay, one of needs for the third quarter, the quarter

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Asia. Three cubic centimetres (cc) of solvent Q80 are required to manufacture each unit of Fineclay, one of needs for the third quarter, the quarter in which peak sales of Finedlay occur. To keep production and sales moving smoothly, the company has the a. The finished goods inventory on hand at the end of each month must be equal to 3,750 units of Fineclay b. The raw materials inventory on hand at the end of each month must be equal to one-half of the following plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 12,500 month's production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 67,500 cc of solvent Q80. A sales budget for Fineclay for the last six months of the year follows in Units 43,750 50,000 August 37,500 25,000 12,500 to October. DAISY PRODUCTS LIMITED Production Budget July Total needs

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