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Assume that Corn Co. sold 7,800 units of Product A and 2,200 units of Product B during the past year. The unit contribution margins for Products A and B are $35 and $64, respectively. Corn has fixed costs of $343,000. The break-even point in units is Oa. 8,289 units Ob. 12,434 units Oc. 9,947 units Od. 6,631 units The manufacturing cost of Calico Industries for three months of the year are provided below. Total Cost Production (units) April $117,500 283,000 May 81,900 163,200 June 95,800 242,500 Using the high-low method, the variable cost per unit and the total fixed costs are Oa. $0.54 per unit and $16,300 Ob. $3.00 per unit and $3,260 Oc. $0.30 per unit and $32,600 Od. $5.40 per unit and $3,260 Department M had 2,700 units 55% completed in process at the beginning of June, 11,900 units completed during June, and 1,000 units 29% completed at the end of June. What was the number of equivalent units of production for conversion costs for June if the first-in, first-out method is used to cost inventories? Oa. 10,705 units Ob. 12,190 units Oc. 13,190 units Od. 9,200 units Use this information for Stringer Company to answer the question that follow. The following data are given for Stringer Company: Budgeted production 965 units Actual production 1,020 units Materials: $1.93 12 Standard price per ounce Standard ounces per completed unit Actual ounces purchased and used in production Actual price paid for materials 12,607 $25,844 Labor: $14.08 per hour Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked 4.4 5,253 $80,108 Actual total labor costs Overhead: Actual and budgeted fixed overhead $1,015,000 $24.00 per standard labor hour Standard variable overhead rate Actual variable overhead costs $147,084 Overhead is applied on standard labor hours. The direct materials quantity variance is Oa. $1,512.49 favorable Ob. $1,512.49 unfavorable Oc. $708.31 unfavorable Od. $708.31 favorable