1. A company reports the following information for its first year of operations:

Units produced this year	43,000	units
Units sold this year	39,000	units
Direct materials	$ 0.57	per unit
Direct labor	$ 0.83	per unit
Variable overhead	$ 26,660	in total
Fixed overhead	?	in total

If the company's cost per unit of finished goods using variable costing is $2.02, what is the amount of total fixed overhead?

Multiple Choice

$26,660

$35,690

$24,510

$60,200

Cannot be determined from the given data.

2. Green and White Company reported the following monthly data:

Units produced	3,800	units
Sales price	$ 29	per unit
Direct materials	$ 1	per unit
Direct labor	$ 2	per unit
Variable overhead	$ 2.55	per unit
Fixed overhead	$ 15,200	in total
Variable selling and administrative expenses	$ 0.45	per unit
Fixed selling and administrative expenses	$ 3,800	in total

What is Green and White's contribution margin for this month if 1,160 units were sold?

Multiple Choice

$87,400

$26,680

$33,640

$110,200

$30,160