Complete this question by entering your answers in the tabs below. Prepare a production budget...
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Complete this question by entering your answers in the tabs below. Prepare a production budget for Supermix for the months July, August, September, and October. Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout Southeast Asia. Three cubic centimeters (cc) of solvent H30O are required to manufacture each unit of Supermix, one of the company's products. The company is planining its raw materials needs for the third quarter, the quarter in which peak sales of Supermix occuc. To keep production and sales moving 5moothly, 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 Supermax plus 20% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 10,000 units b. The raw matesiak inventory on hand at the end of each month must equal one-half of the following months production needs foe raw materials. The raw materials inventory on June 30 is budgetted to be 54,000Cc of solvent H300O c. The company maintains no work in process inventorles. A rionthly 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, Septemiber, and Octobes: 3. Prepore 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



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