Peat Products Limiled of Shenzheri, China, manufactures and distributes toys throughout South East asia. Three cubic centimeters \{ec\} of solvent H300 are recuired to manufacture each unit of Supentix. one of the company's prostucts. 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 thoving smoothly. the compeny has the following inventory requirements: a. The finished goods inventory on hand at the end of each month must equal 3,000 units of Supermix plus 20% of the next manth's sales. The finished goods inventory on June 30 is budgeted to be 10,000 units. b. The raw materials irvertery on hand at the end of each month must equal one-half of the following manth's production teeds for raw materials. The raw materials imentory on Jure 30 is dedgetedt to be 54,000 ec of solvert 1300 . c. The comparry maintoins no work in process itvemories. A morthiy sales budget far Superma for the third and fourth quarters of the year follows. Required: 1. Prepare a propuction budget for SLaentix for the months dily. August, Septembor, and Octaber 3. Propare a direct materials budgot showing the cuantity of solvant H30D to be aurchared for lify. August, and Soptember ard for the quanter in total. Complete this question by eriening your answers in tho tabs below