Alpha Mfg produces and sells toys. The company produces three different types of toys - Budget Toys, Midrange Toys and the High Performance Toys. The budgeted and actual sales and contribution margins for the month are as follows: Budget: Sales $/Unit V.C/Unit CM/Unit Sales Volume (Units) Budget $132 $75 $57 40,000 Midrange $289 $100 $189 45,000 High performance $399 $199 $200 15,000 Actual: Sales $/Unit V.C/Unit CM/Unit Sales Volume (Units) Budget $125 $70 $55 55,000 Midrange $295 $90 $205 45,000 High performance $355 $210 $145 25,000 REQUIRED: Calculate the Sales Mix and Sales Quantity Variance for each product. Briefly comment on the results. Question 2 (6 Marks) Treated Lumber Company specializes in processing treated wood. All direct materials are included at the inception of the sawing process and conversion is applied at the end of the process. For December there was no beginning inventory in the sawmill. Direct materials totalled $399,750 for the month and conversion costs totalled $165,000. work-in-process records revealed that 75,000 boardmetres were started in December and that 55,000 boardmetres were completed. Ending work-in-process units are complete only in respect to direct materials costs. Required: a. What is the total manufacturing cost per equivalent unit (boardmetres) for December? b. What are the costs assigned to completed boardmetres in December? c. What are the costs transferred out during December? d. What are the amounts assigned to December's ending work-in-process inventory?