A manufacturing company is preparing the schedules that comprise its master budget. The forecasted production in units of finished goods for the first four months of the coming year are as follows: Month January Production (In units) 400,000 February 380,000 March April 420,000 440,000 Additional details regarding inventory requirements and direct material purchases are as follows. The company pays for the direct material purchases in the month of the purchases and takes all discounts. Item Month-end direct materials inventory requirement Direct material required per unit of finished goods Invoice price (cost) of direct material Purchase terms for direct material Requirement 25% of the next month's production requirements One (1) pound of direct material $5 per pound 2/10, n/30 Splish Brothers, Inc. has a Master Budget Variance of $119, unfavorable and a Flexible Budget Variance of $169, favorable. What is the Sales Activity Variance for Splish Brothers, Inc.? Sales activity variance $ Save for Later Attempts: 0 of 1 used Submit Answer Selective about who carries the company's line and therefore is considered a boutique label. Its best-selling product is a lightweight moisturizer that also contains a high level of SPF that customers have come to appreciate. Blossom's produces the products in limited quantities to best ensure that each container receives the time and attention that it deserves to ensure high quality. As of December 31 of last year, a batch in process contained 270 units that were 60% complete for Conversion Costs (CC) and 100% complete for direct materials (DM) because all DM is added at the front-end of processing. During the current year, Blossom's started 17,510 units and completed 16,870 units by the close of the year. Units remaining in ending inventory are 70% complete for CC and 100% complete for DM in the current year. Blossom's had the following costs for the year that are associated with all of the units described above: Total Costs DM CC Costs in beginning Work-in-Progress (WIP) Inventory $1,300 $450 $850 Costs added to WIP Inventory this period $66,417 $29,767 $36,650 Currently, each unit is in a small, recyclable plastic container. Blossom's uses the First-In, First-Out (FIFO) method of Process Costing. Using the information above, please answer the following questions. (a) What is the equivalent cost per unit for Direct Materials? What is the equivalent cost per unit for Conversion Costs? (Round final answers to 2 decimal places, e.g. 5.75.) Fauivalent cost per unit Direct Materials Conversion Costs per unit