Given the following information, compute the total number of units for the period: Direct labor hours 13,500 Direct labor cost $2.70 per hour Direct materials cost $75 per unit Total manufacturing cost $ 170.925 Fixed overhead cost $66,000 Variable overhead cost % of total labor cost 50 A) 375. B) 447 C) 670. D) 870 ce a new product that will sell for P13) per unit. Manufacturing cost estimates for 24,000 units for the first year of production are: Direct materials $1,392,000. Direct labor $768,000 (based on $16 per hour x 48,000 hours). Although overhead has not be estimated for the new product, monthly data for Balcom's total production for the last two years has been analyzed using simple linear regression. The analysis results are as follows: Dependent variable Factory overhead costs Independent variable Direct labor hours Intercept $ 128,000 Coefficient on independent variable $ 6.00 Coefficient of correlation 0.935 R2 0.830 Based on this information, what percentage of the variation in overhead costs is explained by the independent variable? Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow: Month Machine Hours Electricity Costs January 2,600 $ 19,250 February 3,000 $ 22,700 March 2.000 $ 14,350 April 3,200 $ 24,700 May 3,900 $ 29,100 June 3,400 $ 23,700 July 4,200 $ 25,600 August 3.600 $ 23,600 September 2.100 $ 17,200 October 3,800 $ 27,700 November 4,800 $ 32,700 December 4,300 $ 28,600 Summary Output Regression Statistics Multiple R 0.955 RSonare n012