pter 8 HWF17 Saved Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not Indicate comp 1 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 now is 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 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 16,250 units. b. The raw materials inventory on hand at the end of each month must equal one-half of the following month's production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 81,375 cc 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. Budgeted July August September October November December Unit Sales 53,000 58,000 68,000 48,000 38,000 28,000 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 1 of 1 !!! Next Check my work mode: This shows what is correct or Incorrect for the work you have completed so far. It does not indicate July August September October November December Budgeted Unit Sales 53,000 58,000 68,000 48,000 38,000 28,000 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Prepare a production budget for Supermix for the months July, August, September, and October. Pearl Products Limited Production Budget of 1 ove completed so far. It does not indicate 1 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Prepare a production budget for Supermix for the months July, August, September, and October. October August 58,000 September 68,000 48,000 Pearl Products Limited Production Budget July Budgeted unit sales 53,000 Add: Desired units of ending finished goods 17,500 inventory Total needs 70,500 Less: Units of beginning finished goods inventory Required production in units 20,000 12,500 15,000 83.000 78,000 60,500 Required 3 > Help Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. cumpreemis question by entering your answers in the tabs below. Required 1 Required 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. Pearl Products Limited Direct Materials Budget July August September Third Quarter CC CC CC Units of raw materials needed per unit of finished goods Units of raw materials needed to meet production Total units of raw materials needed Units of raw materials to be purchased