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10. Northern Star sells several products. Information of average revenue and costs is: Selling price per unit $9.00 Variable costs per unit: Direct material $3.00 Direct manufacturing labour $2.60 Manufacturing overhead $0.40 Selling costs $2.00 Annual fixed costs $96,000 The company sells 12,000 units at the end of the year. The contribution margin per unit is: a. $1.00 b. $2.00 C. $3.00 d. $4.00 11. Consider the following statements about the two-stage overhead cost allocation process in a multi-product manufucturing division 1. Overhead costs in various cost pools are distributed to all departments, including support and production departments ii. Support department costs are allocated to production departments iii. Overhead costs are assigned only to a production department if that production department has worked on the particular product. Which statement/s is/are correct? a. i ii and i b. i and c. III d 11