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 now planning 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 be equal to 3,000 units of Supermix plus 25% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 13 250 units. The raw materials inventory on hand at the end of each month must be equal to one-half of the following month's production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 63,375 cc of solvent H300 b. c. The company maintains no work in prooess inventories. A sales budget for Supermix for the last six months of the year follows. Budgeted Sales in Units 41,000 46,000 56,000 38,000 28,000 16,000 July August October November Required 1. Prepare a production budget for Supemix for the months July, August, September, and October Production Budget August October Budgeted unit sales Add: Desired units of ending finished goods inventory Total needs 41,000 46,000 58,000 38,000 Units of beginning finished goods inventory Required production in units 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