CLOV Inc, manufactured 10,500 units and sold 9,500 units in May. It incurred direct materials cost of $156,000 and direct labor cost of $225,000. If its conversion cost was $51.60 per unit, then how much total manufacturing overhead cost did CLOV Inc. incur in May? $367,200 $541,800 O $316,800 $385,800 O None of the above The following data are available for SCHD Corp. for the month of May: $45 per Selling price unit Direct $1,800,000 materials Direct labor $1,175,000 Manufacturing $925,000 overhead Sales $4.75 per commissions unit Fixed selling $1,880,000 expense Administrative $4.00 per expense unit If the company produced 325,000 units and sold 260,000 units in May, then what was its operating income for the month of May? Assume there were no beginning inventories. $8,580,000 O $5,205,000 O $4,425,000 $5,320,000 None of the above ADBE Inc. currently produces 42,150 units of its single product each month. ADBE's relevant range of production is 29,500 units to 59,000 units per month. The company incurs the following unit costs at the current production volume: Direct materials $13.15 per unit Direct labor $20.00 per unit Variable manufacturing $8.55 per unit overhead Fixed manufacturing $12.30 per unit overhead Sales $3.25 per unit commissions Variable administrative $1.55 per unit expense The company is currently considering decreasing its monthly production volume to 39.500 units. What would be the total manufacturing cost associated with the new production volume of 39,500 units per month? O $2,133,000 $2,354,850 $2,165,595 $2,732,500 None of the above Which of the following is true of a variable cost? A variable cost decreases on a per unit basis as output decreases and increases on a per unit basis as output increases A variable cost increases in total as output decreases and decreases in total as output increases O A variable cost decreases on a per unit basis as output increases and increases on a per unit basis as output decreases A variable cost remains constant or is fixed on a per unit basis within the relevant range O None of the above