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 2,000 units of Super mix plus 25% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 20,250 units. b. The raw materials inventory on hand at the end of each month must be equal to one-half of the following c. The company maintains no work in process inventories. A sales budget for Supermix for the last six months of the year follows. month's production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 92,000 cc of solvent H300. July August September October November December Budgeted Sales in Units 73,000 78,000 88,000 68,000 58,000 48,000 Required: 1. Prepare a production budget for Supermix for the months July. August, September, and October. Pearl Products Limited Production Budget July August September October 73,000 78,000 88,000 68,000 Budgeted unit sales Add: Desired units of ending finished goods inventory Total needs Less: Units of beginning finished goods inventory Required production in units