Check my work 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: 20 points a, The finished goods inventory on hand at the end of each month must equal 3,000 units of Supermix plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 14,800 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 Book raw materials. The raw materials inventory on June 30 is budgeted to be 90,000 cc of solvent H300. C. The company maintains no work in process inventories. Ask A monthly sales budget for Supermix for the third and fourth quarters of the year follows. Budgeted Unit Sales 59,000 64,000 74,000 54,000 44,000 34,000 Print July August September October 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 3 Complete this question by entering your answers in the tabs below Required 1Required 3 Prepare a production budget for Supermix for the months July, August, September, and October. Pearl Products Limited Production Budget July August September October Total needs Required 1 Required 3 Prev1 of 5Next> Book Complete this question by entering your answers in the tabs below Ask Required 1Required 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 Pearl Products Limited Direct Materials Budget rences July August September Third Quarter Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Cc Total units of raw materials needed Units of raw materials to be purchased KRequired 1 Required 3