Question #1 Portable Power Inc. buys portable generators for $470 and sells them for $750. They pay a sales commission of 5% of sales revenue to their sales staff. Portable Power Inc. pays $6,000 a month rent for their store, and also pays $2,200 a month to their staff in addition to the commissions. Portable Power Inc. sold 600 generators in June. If Portable Power Inc. prepares a contribution margin income statement for the month of June, what would be their operating income? Question #2 A baseball manufacturer offers the following information: WIP Inventory, January 1 O units Units started 35,600 units Units completed and transferred out 9,200 units WIP Inventory, December 31 26,400 units Direct materials $276,480 Direct labor $585,000 Manufactured overhead $328,920 The units in ending WIP Inventory were 60% complete for materials and 40% complete for conversion costs. On December 31, what are the total equivalent units for direct materials