Question 11 Ross Corporation produces a single product. The company has direct materials costs of 58 per unit, direct labor costs of 5 per unit, and manufacturing overhead of $10 per unit. Sadly percent of the manufacturing overhead is for fixed costs. In addition, variable selling and administrative expenses are 52 per unit, and feed selling and administrative expenses are $3 per unit at the current activity level. Assume that direct laboris a variable cost Under variable costing the unit product costis: $24 per unit $20 per unit 518 per un 521 per unit Question 12 Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations: $ 126 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory 1,900 1,800 100 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense 11 $ 32,300 $ 23,400 What is the net operating income for the month under variable costing? $3,700 $(4,500) $5,400 $1,700