Franklin Products Limited manufactures and distributes a number of products to retailers. One of these products, SuperStick, requires four kilograms of material D236 in the manufacture of each unit. The company is now planning raw materials needs for the third quarter-July, August, and September. Peak sales of SuperStick occur in the third quarter of each year. To keep production and shipments moving smoothly, the company has the following inventory requirements: a. The finished goods inventory on hand at the end of each month must be equal to 8,100 units plus 20% of the next month's sales The finished goods inventory on June 30 is budgeted to be 22120 units. b. The raw materials inventory on hand at the end of each month must be equal to 40% of the following month's production needs for raw materials. The raw materials inventory on June 30 for material D236 is budgeted to be 129,400 kilograms C. The company maintains no work in process inventories. A sales budget for SuperStick for the last six months of the year follows: Budgeted Sales in Units July August September 60,200 75,100 105, 200 53,100 30,100 15,040 October November December Required: 1. Prepare a production budget for SuperStick for July, August, September, and October July August September October |Budgeted sales (units) 0 Total needs 2. Not available in Connect. ped 3. Prepare a direct materials purchases budget showing the quantity of material D236 to be purchased for July. August, and September and for the quarter in total. Ok July August Third Quarter nt September Required production (units) nces Material D236 needed per unit (kgs) Production needs (kgs.) Total Material D236 needs 0 0 0 0 Material D236 purchases (kgs) 0 0 0