The company wants to maintain a desired ending raw material inventory in the current quarter equal to 10% of the next quarter's production. The only raw material used to produce a single unit is the 2 pounds of molding material. The material costs $1.20 per pound. The company began the first quarter of year 3 with 6,600 pounds in the beginning raw material inventory. Production Budget Fiscal Year 3 Production in units Quarter 1 33,000 Quarter 2 40,000 What is the desired ending inventory for quarter 2? Quarter 3 32,500 Quarter 4 35,550