Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters raw materials needs for the third towarter, the quarter in which peap a. The finished goods inventory on hand at the end of each month must equal 4,000 units of Supermix plus 25% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 15,250 units. b. The raw materials inventory on hand at the end of each month must equal one -half of the following Ahonth's production needs for raw materiats. The raw materials inventory on June 30 is budgeted to be 69.375cc of solvent H300. c. The company maintains no work in process inventories. A monthly sales budget for Supermix for the third and fourth quarters of the year follows. 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. 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. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and fc