Consider Derek's budget information: materials to be used totals $62,100; direct labor totals $198,900; factory overhead totals $398,200; work in process inventory January 1 is $188,100; and work in progress inventory on December 31 is $191,600. The budgeted cost of goods manufactured for the year is Oa. $659,200 Ob. $191,600 Oc. $655,700 Od. $847,300 A firm operated at 80% of capacity for the past year, during which fixed costs were $190,000, variable costs were 70% of sales, and sales were $1,036,000. Operating profit was Oa. $310,800 Ob. $725,200 Oc. $120,800 Od: $96,640 Zeke Company sells 24,400 units at $18 per unit. Variable costs are $7 per unit, and fixed costs are $39,700. The contribution margin ratio and the unit contribution margin, respectively, are Oa. 2% and $7 per unit Ob. 2% and $18 per unit Oc. 61% and $18 per unit Od. 61% and $11 per unit Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business September, October, and November are $247,000, $300,000, and $426,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale. The cash collections expected in September from accounts receivable are estimated to be Oo. $138,320 Ob. $296,400 Oc. $247,000 Od. $172,900