Please show work and formulas used!

5) Ricks Electric has budgeted production for next year as follows: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Production in units 60,000 80,000 90,000 70,000 Two pounds of material A are required for each unit of finished good produced. The company has a policy of maintaining a stock of material A on hand at the end of each quarter equal to 25% of the next quarter's production needs. A total of 30,000 pounds of material A are on hand to start the year. The cost of material A is $3 per pound. Prestwich pays for 60% of the purchases in the month of purchase and 40% in the following month. How many pounds of material A would Prestwich purchase in the 2nd quarter? (Answer: 165,000) a. 80,000 pounds b. 165,000 pounds c. 240,000 Pounds d. Pounds 6) Superstore incurs variable manufacturing overhead costs of $12 per unit and fixed manufacturing overhead cost of $650,000 per month. Of the fixed expense, $240,000 relates to depreciation each month. Sloan Inc. produced and sold 60,000 units in January and 48,000 units in February. 60% of each month's expense is paid for in the month incurred, and the other 40% is paid in the following month. What amount would Sloan Inc. Include for manufacturing overhead expense on its February income statement? a. $1,226,000 b. $986,000 c. $1,043,600 d. $1,130,000