Show your work Manufacturing Compamy produces two products, "A" and "B" Smith expects to sell 30,000 units of product "B" and to have an inventory of 2,000 units of "B" on hand at the end of the period Currently, Smith has 1,000 units of "B" on hand. Product "B" requires two labor operations, molding and polishing. Each unit of product "B" requires one hour of molding and two hours of polishing. The direct labor rate for molding is $20 per molding hour and the direct labor rate for polishing is $35 per polishing hour. 7) The expected production and cost of direct labor for product "B" are: A) 30,000 units and $2,700,000 B) 29,200 units and $5,060,000 C) 32,000 units and $3,616,000 D) 31,000 units and $2,790,000 E) None of these answers are correct 4 points) Show your work 8) The budgeted cost for direct material is $4. What are the budgeted costs for the direct material? 3 points) A) $124,000 B) $160,000 C) $124,000 D) $84,800 E) None of these answers are corredt Show your work