23) 23) Use the following information to determine the contribution 50,000 Units Unit sales Unit selling price Unit variable cost Fixed costs 14.50 S 7.50 S 204,000 D) 51.7%. E) 48.3%. A) 6.9%. B)34.1%. C)24.5% of 24) 24) A manufacturer reports the following costs to produce 10,000 units in its first year operations: Direct materials, $10 per unit, Direct labor, S6 per unit, Variable overhead $70,000, and Fixed overhead, S120,000. Of the 10,000 units produced, 9,200 were sold, and 800 remain in inventory at year-end. Under variable costing, the value of the inventory is: A) $22.400. B) S18,400. C)$13,600. D)$28,000. E) S12,800. 25) Which of the following is true? 25) A) The departmental overhead rate is most accurate in assigning overhead costs that are not driven by production volume. be explained by any one factor. used. production volume. is improved. B) Overhead costs are often affected by many issues and are frequently too complex to C) Allocated overhead costs will be the same no matter which allocation method is D) The departmental overhead rate is not usually based on measures closely related to E) When cost analysts are able to logically trace cost objects to costs, costing accuracy