Exercise 8-10 (Algo) Production and Direct Materials Budgets [LO8-3, LO8-4] 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 is planning its raw materlats 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: 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 inaterlals inventory on June 30 is budgeted to be 102,000cc of solvent HBOO. c. The company maintains no work in process inventories. A monthly wales budget for Superimix for the third and fourth quarters of the year follows. Required: 1. Pyyate'a production budget for Supermix for the months July. August. September, and October. 3. Prepure a direct materials budget showing the quantity of solvent H30O to be purchased for July, August, and September, and for 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 lor the quarter in total. Complete this question by entering your answers in the tabs below. Prepare a production Budget for Supermix for the months July, August, September, and 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 H3OO 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. Propare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August; and September, and for the quarter in total. Exercise 8-10 (Algo) Production and Direct Materials Budgets [LO8-3, LO8-4] Peant Products Limned of Shenzhen, China, manulactures and distributes toys throughiout South East Asla. Thiee cubic centmeters (ce) of solvent H300 are required to manulacture each unilt of Supermix, one of the company's products. The company is plarinhog its raw thaterials needs for the third quarter, the quarter in which peak sales of Supermik occu, To keep production and sales moving iscothly, the company has the following inventory requitements: a. Thin Hikhied goods invenory on hand at the end of each month must equal 2.000 units of Supermix plus 20% of the next month's rales. The diefeched goods inventory on June 30 is budgeted to tee 15,400 units. 13. The iun matselats liventary on land at the end of each month must equad anctant of the following month's productlon needs for 1. Wincherials. The row matertals imventory on Juhe 30 is budgeted to be 102,000oc of sotvent H300. C the cuincainy maintains no work in process inventorles. L. Pripare a prodiactioa budget for Supermix for the months July. August. September and Octobec. Required: 3. Frepore a dilect materials budget showing the quantily of solvent H30O to be purchased for fuly. August, and Septembec and for Required: 1. Prepare a production budget for Supermix for the monthis July. August. September, and October. 3. Prepare a diect materials budget showing the quantity of solvent H300 to be purchased for July. August, and Septembec and tor the quarter in total. Complete this question by entering your answers in the tabs below. Biypare a groduction budget for Supermix for the months luly, August, September, and october Requiro of: 1. Piepare a production budget for Supermix for the months July. August, Septemberiand October. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, Aupust, and Septernhel, and for the quarter in total. Complete this question by entering your answers in the tabs below. Piopure a direct materials budget showing the quantity of solvent H3oo to bet purchased for July, August, and 5 eptember, and for the quarter in Exercise 8-10 (Algo) Production and Direct Materials Budgets [LO8-3, LO8-4] 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 is planning its raw materlats 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: 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 inaterlals inventory on June 30 is budgeted to be 102,000cc of solvent HBOO. c. The company maintains no work in process inventories. A monthly wales budget for Superimix for the third and fourth quarters of the year follows. Required: 1. Pyyate'a production budget for Supermix for the months July. August. September, and October. 3. Prepure a direct materials budget showing the quantity of solvent H30O to be purchased for July, August, and September, and for 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 lor the quarter in total. Complete this question by entering your answers in the tabs below. Prepare a production Budget for Supermix for the months July, August, September, and 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 H3OO 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. Propare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August; and September, and for the quarter in total. Exercise 8-10 (Algo) Production and Direct Materials Budgets [LO8-3, LO8-4] Peant Products Limned of Shenzhen, China, manulactures and distributes toys throughiout South East Asla. Thiee cubic centmeters (ce) of solvent H300 are required to manulacture each unilt of Supermix, one of the company's products. The company is plarinhog its raw thaterials needs for the third quarter, the quarter in which peak sales of Supermik occu, To keep production and sales moving iscothly, the company has the following inventory requitements: a. Thin Hikhied goods invenory on hand at the end of each month must equal 2.000 units of Supermix plus 20% of the next month's rales. The diefeched goods inventory on June 30 is budgeted to tee 15,400 units. 13. The iun matselats liventary on land at the end of each month must equad anctant of the following month's productlon needs for 1. Wincherials. The row matertals imventory on Juhe 30 is budgeted to be 102,000oc of sotvent H300. C the cuincainy maintains no work in process inventorles. L. Pripare a prodiactioa budget for Supermix for the months July. August. September and Octobec. Required: 3. Frepore a dilect materials budget showing the quantily of solvent H30O to be purchased for fuly. August, and Septembec and for Required: 1. Prepare a production budget for Supermix for the monthis July. August. September, and October. 3. Prepare a diect materials budget showing the quantity of solvent H300 to be purchased for July. August, and Septembec and tor the quarter in total. Complete this question by entering your answers in the tabs below. Biypare a groduction budget for Supermix for the months luly, August, September, and october Requiro of: 1. Piepare a production budget for Supermix for the months July. August, Septemberiand October. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, Aupust, and Septernhel, and for the quarter in total. Complete this question by entering your answers in the tabs below. Piopure a direct materials budget showing the quantity of solvent H3oo to bet purchased for July, August, and 5 eptember, and for the quarter in
