A company's overhead rate is 50% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used.

Work in Process Inventory
Beginning WIP	105,100
Direct Materials	?
Direct Labor	?
Applied Overhead	?
To Finished Goods			?
Ending WIP	136,700

Factory Overhead
105,100	94,590

Finished Goods Inventory
Beginning FG	123,500
	339,400		314,500
Ending FG	148,400

Multiple Choice

• $180,000.

• $87,230.

• $31,600.

• $252,170.

• $339,400.

A company's product sells at $12.12 per unit and has a $5.18 per unit variable cost. The company's total fixed costs are $97,400.The contribution margin per unit is:

Multiple Choice

• $12.12.

• $17.30.

• $5.18.

• $8.11.

• $6.94.