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please answer all 4 questions correctly! thanks The Tobler Corporation has budgeted production for next year as follows: Quarter Quarter Second Third 12,000 16,000 First

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The Tobler Corporation has budgeted production for next year as follows: Quarter Quarter Second Third 12,000 16,000 First 10,000 Production in units Fourth 14,000 Four pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 4,000 The raw materials inventory at the end of each quarter should equal 20% of the next quarter's production needs. Budgeted p of raw materials in the second quarter would be: 51.200 pou 63.200 pounds 50,400 pounds 19 of 40 8! Frankin Corporation has provided the following data concerning last month's operations. Purchases of raw materials Direct materials used Direct labor cost Manufacturing overhead applied to work in Process $26,000 $20,000 $58,eee $97, Beginning $11,000 $52,000 Ending $17,000 Raw materials inventory Work in process inventory How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured? Multiple Choice O $155.000 O $162,000

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