Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East As a. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company's products. The company now is planning raw materials needs for the third quarter, the quarter in which peak sales of Supermx 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 4,000 units of Supermix plus 20% of the next month's sales. The finished goods Inventory on June 30 is budgeted to be 11,800 units. D. 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 materla's Inventory on June 30 is budgeted to be 60,000 cc 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. Budgeted Unit Sales 39,000 44, 000 July ugust September 54,000 October 34,000 November 24,000 December 14,000 Required: 1 Prepare a production budget for Supemix for the months July, August, September, and October 3. Prepare a direct materia s 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 Prepare a production budget for Supermix for the months July, August, September, and October Production Budget Jul Budgeted unit sales Total needs Required production in units Required1