Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asla. 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 irventory 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 10,000 units. b. The taw materiak 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 materlals inventory on June 30 is budgeted to be 54,000cc of solvent H30O. c. The company maintains no work in process inventoties. 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 od diect 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