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(cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning row materials
(cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning row materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production end sales moving smoothly, the company has the following inventory requirements: e. The finished goods inventory on hand et the end of each month must equal 2,000 units of Supermix plus 25% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 20,250 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 rew materials inventory on June 30 is budgeted to be 111,375 cc of solvent H300_ c. The company maintains no work in process inventories. A monthly soles budget for Supermix for the third and fourth quarters of the year follows. Budgeted unit 48,e July August September October November December Required: Sales 73,e 78, e 88, e 68, e 58,e 1. Prepare a production budget for Supermix for the months July, August, September, and October. 3. Prepare direct materials budget showing the quantity of solvent H300 to be purchased for July, August, end September, and for the quarter in total. Complete this question by entering your answers in the tabs below. Required I Required 3 Prepare a direct materials budget showing the quantity of solvent 8300 to be purchased for July, August, and September, and for the quarter in total. Products Limited Direct Materials Budget Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Total units of raw materials needed Units of raw materials to be purchased
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