Peatl 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 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 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 row moteflals imventory on hand at the end of each month must equat one-hatf of the fottowing monls's production needs for raw 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 monthly sales budget for Supermix for the third and fourth quarters of the year follows. Required: 1. Prepare a production budget for Supermis for the months July, August, September, and Octo ber 3 Prdpore a durect materials budget showing the quantify of solvent Haoo to be purchosed for July, August, and September, and for the quarter in total 1 Prepsre a production budget for Supermix for the monthis July. August, September, and October, 3. Prepare a direct materias budget showing the quantity of solvent H300 to be purchinted 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 Supermix for the months July, August, 5 eptember, and October. 100 Required 1 Required 3 points Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter ir