The TS Company has budgeted sales for the year as follows: The ending inventory of finished goods for each quarter should equal 20% of the next quarter's budgeted sales in units. The finished goods inventory at the start of the year is 2,500 units. Four pounds of raw materials are required for each unit produced. Raw materials on hand at the start of the year total 4,200 pounds. The raw materials inventory at the end of each quarter should equal 5% of the next quarter's production needs in material. Scheduled production for the third quarter should be: Select one: a. 15,400 units b. 13,400 units c. 14,600 units d. 15,100 units Scheduled purchases of raw materials for the second quarter should be: Select one: a. 60,400 pounds b. 54,000 pounds c. 51,600 pounds d. 53,600 pounds Stench Foods Company uses a standard cost system to collect costs related to the production of its garlic flavored yogurt. The garlic (materials) standards for each container of yogurt produced are 0.8 ounces of crushed garlic at a standard cost of $2.40 per ounce. During the month of Junc, Stench purchased 79,000 ounces of crushed garlic at a total cost of $186,440. Stench used 66,200 of these ounces to produce 76,500 containers of yogurt. What is Stench's materials price variance for the month of June? Select one: a. $26,040 favorable b. $3,160 favorable c. $12,000 unfavorable d. $24,720 favorable Question 27 Not yet answered Points out of 1.00 What is Strench's materials quantity variance for the month of June? Select one: a. $3,160 favorable b. $24,720 favorable c. $12,000 unfavorable d. $26,040 favorable Holiday Chemical Company uses a standard cost system to collect costs related to the production of its "bowling ball" fruitcakes. The direct labor standard for each fruitcake is 1.25 hours at a standard cost of $11.00 per hour. During the month of November, Holiday's fruiteake production used 9,820 direct labor hours at a total direct labor cost of $106,547. This resulted in production of 8,500 fruitcakes for November. What is the Holiday's labor rate variance for November? Select one: a. $13,047 unfavorable b. $14,520 unfavorable c. $8,855 favorable d. $1,473 unfavorable What is Holiday's labor efficiency varience for November? Select one: a. $8,855 favorable b. $13,047 unfavorable c. $10,328 favorable d. $14,520 unfavorable