q4 actg

Peari Products Limlied of Shenzhen. China, manufoctures 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 comparty's pioducts. The compary is planning its raw moteriefs needs for the third quertec the quarter in which peak soles of Superma occur. To kecp ptoduction and sales moving smoothly, the compony has the following inventory requitements: a. The finished goods inventory on hand at the end of each month must equal 4,000 units of Supermic plus 20 s. of the neal month's sales. The finished goods inventory on June 30 is budgeted to be 14,200 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 row matenals The raw materials inventory on June 30 is budgeted to be 78,000cc of solvert 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 Supermix for the months July. August, September, and Octobet. 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. Complete this question by entering your answers in the tabs below. Prepare a production budget for Supermic for the months July. August. Septembec and Octobec: smoothly, the compony has the following inventory requirements: 3. The finished goods inventory on hand at the end of each month must equal 4,000 units of Supermik plus 20 is of the next month's sales. The finished goods inventory on June 30 is budgeted to be 14.200 units b. The raw materials inventory on hand at the end of each month must equal one half of the following morth's production needs for raw materials. The raw materals inventory on June 30 is budgeted to be 78,000cc of solvent H30O c. The company maintains no work in process inventories A monthy sales buoget for Supermix for the thitd and fourth euarters of the year follows. Required: 1. Prepare a production budget for Supermix for the months July. August, September, and Octobet. 3. Prepare a direct matenals budget showing the quantity of sovent H300 to be purchased for July. Alugust, and Septembet and for the quarter in zotal. Complete this question by entering your answers in the tabs below