2. Muddy Waters Industries has projected sales in units of its product for the next quarter February 500 units March 400 units April 160 units Each unit is sold at $10 per unit. Muddy Waters tries to maintain a Finished Goods ending inventory equal to the 60% of next month's sales. Prepare a production budget for March Undo Rotate ll Sprint LTE 6:16 AM 72% Today Edit 3:10 AM c. If Archer actually incurred the following costs during May 2020 $80,000 35,000 $45,000 12,000 $33,000 Sales Revenue Variable Costs Contribution Margin Fixed Costs Net Income The spending variance for: Indicate favorable / unfavorable i.Fixed costs: ii. Variable costs