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 3.000 units of Supermix plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 12,400 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 materials inventory on June 30 is budgeted to be 72,000 cc of solvent H300 c The company maintains no work in process inventories. DOK A monthly sales budget for Supermix for the third and fourth quarters of the year follows w July rences August September October November December Budgeted Unit Sales 47,000 52,000 62.600 42,000 32,000 22,000 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 Prepare a production budget for Supermix for the months July, August, September, and October Pearl Products Limited Production Budget Mc Graw HARI Prey 1 of 2 !!! Next > July August September October November December 47,000 52,000 62,800 42,000 32,000 22,000 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 Septem the quarter in total Complete this question by entering your answers in the tabs below. Required 1 Required 3 Prepare a production budget for Supermix for the months July, August, September, and October October Pearl Products Limited Production Budget July Budgeted unit sales 47.000 Add: Desired units of ending raw materials inventory 12,400 Total needs Loss Units of beginning raw materials inventory Required production in units August 52,000 September 62,000 42,000 Required Required 3 > Prey 1 of 2