Question 2- prepare a budget showing the quantity of solvent to be purchased for July , august and September and for the quarter in total.

YouTube NMIMS Linked-in MBA Centennial WORD-PDF Margo PDFS GMAIL EXP-C E-Centennial Linkedin-Learning CONNECT MAIL-HR C-Lib Grammarly QuillBOT PEARSON Pearson+ M Question 2 - Modules 586 - Chapter 7 - Connect M Assignment Print View Daisy Products Limited of Shenzhen, China, manufactures and distributes toys throughout Southeast Asia. Three cubic centimetres (cc) of solvent Q80 are required to manufacture each unit of Fineclay, one of the company's products. The company is now planning raw materials needs for the third quarter, the quarter in which peak sales of Fineclay 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 be equal to 4,500 units of Fineclay plus 15% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 15,000 units. b. The raw materials inventory on hand at the end of each month must be equal to one-half of the following month's production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 81,000 cc of solvent Q80. C. The company maintains no work-in-process Inventories. A sales budget for Fineclay for the last six months of the year follows: Budgeted Sales n Units July 52,500 August 60,000 September 75,000 October 45,000 November 30,000 December 15,000 Required: 1. Prepare a production budget for Fineclay for the months of July to October. DAISY PRODUCTS LIMITED Production Budget July August September October Total needs