Required:
- Prepare a production budget for a super mix for the months July, August, September and October.
- 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.
7 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 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: 1432 points a. The finished goods inventory on hand at the end of each month must equal 2,000 units of Supermix plus 25% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 14.250 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 75,375 cc of solvent H300 c. The company maintains no work in process inventories ebook Fences A monthly sales budget for Supermix for the third and fourth quarters of the year follows July MUS September October November December Budgeted Unit Sales 49,000 54,000 68,000 44,900 14.000 24,000 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 Complete this question by entering your answers in the tabs below. Det RA 741 HW Gradedi CHP 8, Pt. 1 (LOS 1-5) Saved 7. July August September October November December Unit Sales 49,000 54,000 64.000 44,000 34,000 24,000 1432 ponts 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 Complete this question by entering your answers in the tabs below. References Required 1 Required 3 Prepare a production budget for Supermix for the months July, August September, and October Pearl Products Limited Production Budget July August 54 000 September 64.000 October 44.000 Budgetod unit Sales 49,000 Total needs Required production in units CAN 7 July August September October November December 49,00 54,000 64,000 44,000 34,000 24,000 432 points 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 ebook Complete this question by entering your answers in the tabs below. AK Rerences 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 CC Units of raw materials needed per unit of finished goods Units of raw materinis needed to moet production Total units of inw matonais needed Units of raw materials to be purchased
