Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimerers (cc) of solvent H300 are required to manufacture each unit of Supermix one of the company' 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 25% of the next month's sales. The finished goods imventory on June 30 is budgeted to be 19.250 units. b. The raw materials inventory on hand at the end of each month must equal one-hal of the following month's production needs for raw materials, The raw materials inventory on June 30 is budgeted to be 99375 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. Required: 1. Prepare a production budget for Supermx for the months July. August, September, and October. 3. Prepare a direct materials budget showing the quantity of solvent H3OO to be purchased for July. August, and 5 eptember, and for the quarter in tatal Answur is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Drepare a production bugget for Supermix for the months daly, August, September, and Octotier. 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 5eptembec and for the quarter in tar