Murray Chemical Company refines a variety of petrochemical products. These data are from the firm's Houston plant Work-in-process inventory, September 1 4,000,000 gallons Direct materials 50% completed Conversion 201 completed Units started in process during Septenber 4,850,000 gallons Work-in-process inventory, September 30 2,400,000 gallons Direct materials 401 completed Conversion 60% completed Required: 1. Compute the equivalent units of direct materials and conversion for the month of September using the weighted average method 2. Compute the equivalent units of direct materials and conversion for the month of September using the FIFO method. ILO 1-2.999.21 Breakeven Planning: Profit Planning Connelly, toc., a manufacturer of quality electric ice cream makers, has experienced a steady growth in sales over the past few year. Since her business grown. Jan Delaney, the president, believes she needs in agressive advertising campaign at you to maintain the company growth. To prepare for the growth, the accountant prepared the following data for the current year S 1350 14.50 6.00 $34.00 Variable costs per ice cream maker Direct labor Direct materials Variable overhead Total variable costs Fixed costs Manufacturing Selling Administrativo Total fixed costs Selling price per unit Expected sales (units) $ 82,500 42.000 356,000 S480,500 $ 67,00 30.000 Required 1. If the costs and sales price remain the same, what is the projected operating profit for the coming year? 2. What is the breakeven point in units for the coming year! (Round your answer up to the nearest whole number) 3. Jan has set the sales target for 35,000 ice cream makers, which she thinks she can achieve by an ad- ditional fixed selling expense of $200,000 for advertising. All other costs remain as per the data in the above table. What will be the operating profit if the additional S200,000 is spent on advertising and sales rise to 35,000 units? 4. What will be the new breakeven point if the additional $200,000 is spent on advertising? (Prepare a con- tribution income statement to support your answer) What is the percentage change in both fixed costs and in the breakeven point? What general point is illustrated by this comparison