Peart Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (ce) of solvent H3OO are required to manufacture each unit of Supermix, one of the company's products. The company is plannitg 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 eech month must equal 3.000 units of Supermix plus 25% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 19,250 units. b. The raw materials inventory on hand at the end of eoch month must equal one-nalf of the following month's production needs for taw materials. The raw materials inventory on June 30 is budgeted to be 99,375cc of solvent H300 c. The company maintains no work in process inventories. A monthy saics 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 a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for. the quarter in total. the quarter in total. Complete this question by entering your answers in the tabs below. Prepare a production budget for Supermix for the months July, August, September, and October. Prepare a direct materiais budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for total