The following materials standards have been established for a particular product: Standard quantity per unit of output Standard price 4.6 grams $ 15.05 per gram The following data pertain to operations concerning the product for the last month: grams Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output 3,100 $ 44,020 2,400 300 grams units What is the materials quantity variance for the month? A) $9,940 U B) $15,351 U C) $14,484 U D) $10,535 U Budgeted sales in Acer Corporation over the next four months are given below: September $120,000 October $140,000 Budgeted sales November $180,000 December $160,000 Thirty percent of the company's sales are for cash and 70% are on account. Collections for sales on account follow a stable pattern as follows: 50% of a month's credit sales are collected in the month of sale, 30% are collected in the month following sale, and 20% are collected in the second month following sale. Given these data, cash collections for December should be: A) $141,800 B) $100,500 C) $118,700 D) $161,400