D Question 3 11 pts What is the production budgeted for the second quarter? Company policy is to have a finished goods inventory at the end of each quarter equal to 18 percent of the next quarter's sales. The sales budget for Your Company's projected quarterly sales for next years as follows: Quarter 1: 44,000 units Quarter 2: 22,000 units Quarter 3: 35,000 units Quarter 4: 18,000 units 31,940 24,340 19,660 O 38,060 D Question 4 11 pts The following materials standards have been established for raw material used in the company's sole product: Standard quantity per unit of output........... Standard 0.5 pound $16.60 per pound price........ The following data pertain to operations concerning the product for the last month: Actual cost of materials........ $35,200 Actual materials used in 2,200 production........... pounds Actual output... 300 4,200 units s hel What is the materials price variance for the month? $1,320 U $1,660 F $1,320 F $2,980 F $1,660 U tio of S re whic m/yck3