I don't know anything about iTunes. You would have to do a search on these forums regarding that. There have been alot of posts/replies about it.
As for burning CD's from QuickTime: An mp3 is an mp3. Doesn't matter which player plays them on your computer. You need a CD burning software program to burn a CD. They are probably all different, so you would need to read the instructions that come with it.
In my case, I use Roxio's Toast for Mac. I just open Toast, drag the music files that I want on the CD and click Record.
Good luck.