Matco Steel Company manufactures a single product by a continuous process, involving two production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000,$125,000, and $150,000, respectively. The records further indicate that direct materials, direct labor, and applied factory overhead for Department 2 were $50,000,$60,000, and $70,000, respectively. The journal entry to record the flow of costs into Department 1 during the period for applied factory overhead is: "Tom Company sells a product for $150 per unit. The variable cost is $90 per unit, and the fixed costs are $370,000. What is the amount of sales (in units) required to realize an income from operations of $36,000 ? 4,511 units 6,767 units 5,567 units 6,167 units " Department X had 4,000 units in work in process that were 55% completed as to conversion cost at the beginning of the period, 12,700 units of direct materials were added during the period, 15,000 units were completed during the period, and 1,700 units were 40% completed as to conversion cost at the end of the period. All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was: 12,700 units 13,880 units 14,935 units 13,480 units