7) In the month of September, Thai Company sold 800 units of product. The average sales price was $30. During the month, fixed costs were $4,500 and variable costs were $24 per unit.. Instructions (a) Determine the contribution margin in dollars, per unit, and as a ratio (b) Compute the break-even point in dollars and in units. 8) Bond Company uses the following figures to prepare its annual manufacturing overhead budget for 2018: Variable overhead costs (total S3.50 per direct labor hour) Fixed overhead costs (for the relevant range) Depreciation per month Supervision per month Property taxes per month 30,000 20,000 10.000 62.000 Total fixed overhead costs per month The relevant range for monthly activity is between 16,000 and 24,000 direct labor hours. Instructions Prepare a flexible budget for the monthly activity levels of 18,500 and 20,000 direct labor hours