Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia, Three cubic centimeters (cc) of solvent H30O 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 inventory requirements: a. The finished goods inventory on hand at the end of each month must equal 2,000 units of 5 upermix plus 25% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 11.250 units. b. The tow materials inventory on hand at the end of each month must equal one-haf of the following month's pioduction needs for raw materials. The raw materials inventory on June 30 is budgeted to be 57,375cc of solvent H30O. c. The compary 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 Supemix for the months July, August, September, and Octobet. 3. Prepare a direct materials budget showing the quantity of soivent H300 to be purchased for July, August, and Septembet, and for the quarter in total. Required: 1. Prepare a production budget for Supermix for the months July. August, September, and Octobec. 3. Prepare a direct materiais budget showing the quantity of solvent H30O 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, Prepare a production budget for Supermax for the months July, August, Septembec, and October: Required: 1. Prepare a production budget for Supermix for the months July, August, September, and October. 3. Prepare a direct materiais budget showing the quantity of solvent H300 to be purchased for July, August, and 5 eptember, and for the quarter in total. Complete this question by entering your answers in the tabs below