Question 2 Tulip Inc reported the following data for the month of March: Description Amount Direct materials $12,600 Direct labor $3,100 Manufacturing overhead $8,000 Selling expense $6,200 Administrative expense $1,300 The conversion cost for March was: A $11,100 B. $15,700 c $23,700 D. 57.500 Question 3 Daisy Inc reported the following data for the month of March: Description Direct materials Direct labor Manufacturing overhead Selling expense Administrative expense Amount $14,500 $4,200 $9,100 $7,300 $2,400 The period cost for March was! $18,700 B. $13,300 $27,800 D. $9,700 Question 6 Given the mixed cost formula Y-15,000 + 512X, total cost at an activity level of 3,000 units would be: A $18,012 B. $21,000 c $51,000 D. 536,000 Question 7 Sunny Corporation reported the following results for December Description Amount Number of units sold 800 units Selling price per unit $500 per unit Cost of goods sold per unit (all variable) $250 per unit Variable selling expense per unit $45 per unit Fixed selling expense $22,100 Variable administrative expense per unit || $32 per unit Fixed administrative expense $15,400 The gross margin for December is: A $138,400 B. $200,000 c. $338,400 D. $162,500 Question 8 Cloudy Corporation reported the following results for December: Description Amount Number of units sold 900 units Selling price per unit $600 per unit Cost of goods sold per unit (all variable) $350 per unit Variable selling expense per unit $55 per unit Fixed selling expense $32 200 Variable administrative expense per unit $42 per unit Fixed administrative expense $26,600 The contribution margin for December is: A $137,700 B. $225,000 c $166,200 D. $452,700