first question. prepare a production budget for fireclay for the months of July to October. second question, Prepare a budget showing the quantity of solvent Q80 to be purchased for July, August, and September, and for the quarter in total.

reck my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion 2 Daisy Products Limited of Shenzhen, China, manufactures and distributes toys throughout Southeast Asia. points 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: 2 0124 29 a. The finished goods inventory on hand at the end of each month must be equal to 2,400 units of Fineclay plus 15% of the next month's sales. The finished goods inventory on June 30 is budgeted to be 8,000 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 43,200 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 in Units July 28,090 August 32,609 September 40, 080 October November 16,608 December 8,00 Required: 1. Prepare a production budget for Fineclay for the months of July to October. Answer is not complete. DAISY PRODUCTS LIMITED Production Budget