ABC Company manufactures pipes and applies manufacturing overhead costs to production at a budgeted Indirect-cost rate of $18 per direct labor-hour. The following data are obtained from the accounting records of ABC Company for June 2021: Direct materials Direct labor (4,600 hours a $10/hour) Indirect labor $170,000 $46,000 517.000 Plant facility rent Depreciation on plant machinery and equipment Sales commissions Administrative experten $34,000 $23.000 $33.000 $28.000 For June 2021. manufacturing overhead is and gross proht would be MO is under located by 57300, and GP would be understated MOh overallocated by 57.300 and GP would be stated to in overlocuted by 53.800 and OP would be understated MO is overallocated In 800. GP would be avonstated XYZ Company sells a single product. 8.000 units were sold resulting in $83,000 of sales revenue, $21,000 of variable costs, and $10,000 of fixed costs. If in 2021. XYZ Company reduces the selling price by $1 20 per unit, the new margin of safety is: 4,958 units 8.000 units 6473 units 3.042 units