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Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asla. Three cubic centmeters ( CC ) of solvent H 3 0

Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asla. Three cubic centmeters (CC) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company is planning its raw materials needs for the third quarter, the quarter in which peak sales of supermix occur. To keep production and sales moving smocthly, the company has the following inventory requlrements?
a. The finished goods inventory on hand at the end of each month must equal 2000 units of Supermix plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 13,000 units.
b. The raw matertals miventory on hand at the end of each month must equal one-half of the following month's production needs for raw materials. The raw materlals irventory on June 30 is budgeted to be 84.000cc of solvent H300.
c. The company maintains no work in process inventorles.
A monthly sales budget for Supermix for the third and fourth quarters of the year follows.
\table[[,Bus geted Gait],[Suly,55,030],[August,60,090],[September,70,000],[October,50,000],[Noventer,40,000],[Decenber,30,000]]
Required:
Prepare a production budget for Supermix for the months July. August September, and October.
Prepare direct materlals 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
Prepare a production budget for Supernix for the months July, August, September, and October:
Pearl Products Limited of Shenzhen. China, manufactures and distributes toys throughout South East Asla. Three cubic centmeters (CC) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company is planning its raw materials needs for the third quartec, 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 finlshed 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 13,000 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 budgefed to be 84,000cc of solvent H30O.
c. The company maintains no work in process inventories.
A monthly sales budget for Supermx for the third and fourth quarters of the year follows.
\table[[,\table[[Dudgeted unit],[soles]]],[July,55,600],[Augunt,60,600],[Septenter,70,000],[octaber,se,000],[Noventer:,40,609],[Decenter,30,600]]
Pequirect:
Prepare a production budget for Supermlx for the months July. August September, and October.
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 :
Required 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.
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 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:
a. The finished goods inventory on hand at the end of each month must equal 2000 units of Supermix plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 13,000 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 materlals. The raw materlals inventory on June 30 is budgeted to be 84.000cc of 50 vent H300.
c. The company maintains no work in process inventones.
A monthly sales budget for Supermix for the third and fourth quarters of the year follows:
\table[[,\table[[Budgeted Unit],[Sales]]],[July,55,060],[August,66,096],[Septerber,70,096],[October,50,900],[Noveriber,40,6es
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