Check my work a. The finished goods inventory on hand at the end of each month must equal 2,000 units of Supermix plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 15.400 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 102,000 cc of solvent H300 c. The company maintains no work in process inventories. A monthly sales budget for Supermix for the third and fourth quarters of the year follows July August September October November December Budgeted Unit Sales 67,eee 72,eee 82, eee 62,eee 52, eee 42,000 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. Prev 1 of 4 Next > 1 Check my w Required 1 Required 3 10 points Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the total. eBook References Pearl Products Limited Direct Materials Budget July Required production in units of finished goods 68.000 Units of raw materials needed per unit of finished goods 3 C Units of raw materials needed to meet production 204,000 Add: Desired units of ending raw materials inventory 111,000 Total units of raw materials needed 315,000 Less: Units of beginning raw materials inventory 14.400 Units of raw materials to be purchased August 74,000 3 222.000 117,000 339,000 September 78,000 3) 234.000 90.000 324,000 220,000 3 od 680,000 90,000 750,000 Required 1 C aw Prev 1 of 4 !!! Next > search O C