muloll margin Lanning Company sells 160,000 units at $45 per unit. Variable costs are $27 per fixed costs are $975,000. Determine (A) the contribution margin ratio, (B) the unit cont margin, and (C) income from operations. Obj. 2 ariable costs are $27 per unit, and SWIW ME HOW 1. Everett Company's inventory at December 31, and the costs charged to Work in Process-Department B during December are as follows: 500 units, 60% completed $ 3,460 From Department A, 10,000 units 36,300 Direct labor 7,960 Factory overhead 12,500 During December, all direct materials are transferred from Department A. the units in process at December were completed, or the 10,000 units entering the department, all were completed except 1.200 units which were 25% completed as to conversion costs. Inventories are costed by the first-in, first-out method. Prepare a partial cost of production report for December showing only whole (physical) units and the equivalent units section (steps one and two)