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 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 10,000 units. b. 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 54,000 cc of solvent H300. c. The company maintains no work in process inventories. A sales budget for Supermix for the last six months of the year follows Budgeted Sales n Units July 35,000 August 40,000 50,000 September October ,000 20,000 November 10,000 December 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 35,000 50,000 30,000 Budgeted unit sales 40,000 13,000 Add: Desired units of ending finished goods inventory 9,000 7,000 11,000 46,000 37,000 Total needs 53,000 59,000 Less: Units of beginning finished goods inventory 28,000 36,000 42,000 46,000 Required production in units