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There are 3 images but they are all part of one question, I have half done, I need the rest of required 3 and also
There are 3 images but they are all part of one question, I have half done, I need the rest of required 3 and also in required 1 what is shown as wrong. done, I need the answer to the rest please.
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 f 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 July 71,000 October August 76,000 September 86,000 Budgeted unit sales 66,000 18,200 20,200 16,200 14,200 89,200 96,200 102,200 Add: Units of beginning finished goods inventory Total needs Add: Units of beginning raw materials inventory Required production in units 17,200 18,200 20,200 82,000 80,200 16,200 64,000 72,000 78,000 Required i Required 3 > 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 direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total. Third Quarter August 78,000 September 82,000 CC 3 CC 3 CC 3 Pearl Products Limited Direct Materials Budget July Required production in units of finished goods 72,000 Units of raw materials needed per unit of finished goods 3 Units of raw materials needed to meet production 216,000 Add: Desired units of ending raw materials inventory 108,000 X Total units of raw materials needed Less: Units of beginning raw materials inventory Units of raw materials to be purchased 234,000 117,000 X 246,000 123,000 X 696,000 348,000 X Required 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 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 17,200 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 raw materials. The raw materials inventory on June 30 is budgeted to be 108,000 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. July August September October November December Budgeted Unit Sales 71,000 76,000 86,000 66,000 56,000 46,000 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 3Step by Step Solution
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