A sporting goods manufacturer budgets production of 45,000 pairs of ski boots in the first quarter and 36,000 pairs in the second quarter of the upcoming year. Each pair of boots require 2 kg of a key raw material. The company aims to end each quarter with ending raw materials inventory equal to 20% of the following quarter's material needs. Beginning inventory for this material is 18,000 kg and the cost per kg is $10. What is the budgeted materials purchases cost for the first quarter? Multiple Choice $900,000 $864,000. O $720,000 O $936,000 O O $1,080,000. Alliance Company's budgets production of 20,000 units in January and 24,000 units in the February. Each finished unit requires 3 pounds of raw material K that costs $2.00 per pound. Each month's ending raw materials inventory should equal 30% of the following month's budgeted materials. The January 1 inventory for this material is 18,000 pounds. What is the budgeted materials cost for January? Multiple Choice $120,000. O $163,200. O $127,200 O $84,000. O $79,200