Question 11 Monroe Manufacturing produces and sels a product with a price of $100/unit. The following data has been prepared for its estimated upper and lower levels of activity, U Lower Lim 4.000 units $60,000 SH0.000 pper Lim 6,000 units $90,000 $120,000 Production Category Units of Production Direct Materials Direct Labor Manufacturing Overhead: Indirect materials Indirect labor Depreciation Selling and Admin Expenses: Sales salaries flice salaries $337,500 $25 000 $40.000 $20.000 $50.000 $20.000 $65.0 $3000 $50.000 $30.000 $45.000 $15.000 $365.000 Other $20.000 $477.500 The only variable expenses for this company are indirect materials, direct materials, and direct labor indirect materials, indirect labor, direct materials, and direct labor all categories of selling and administrative expenses. none of the above