The following information was provided by Ring The Bells, Ltd. for the month of June: Current sales price: $75 per unit Current variable costs per unit: $27.20 Current monthly fixed costs: $491,350 Current sales volume: 15,000 units A manager at the firm projects the following changes will occur for the upcoming month of July: Sales price will increase by $0.20 per unit Variable costs will increase by $1.35 per unit Monthly fixed costs will increase by $2,000 per month Sales volume will increase by 920 units If all of these changes occur, by how much will July's net income change from the current June net income? a. Increase by $23,668 O b. Decrease by $40,918 OC. Increase by $40,918 Od. Decrease by $23,668 At the beginning of March, the Mixing Department of a manufacturer that uses a process costing system had 120,900 units in its beginning WIP inventory. March's beginning inventory units were 100% complete with respect to materials and 55% complete with respect to conversion. During March, the Mixing Department started 497,400 units and completed and transferred out a total of 514,350 units. At the end of March, the units remaining in the Mixing Department's ending WIP inventory were 80% complete with respect to materials and 40% complete with respect to conversion costs. Compute the number of equivalent units of production with respect to both materials and conversion respectively for March using the weighted average method. O a. 103,950 materials; 103,950 conversion O b. 618,300 materials: 618,300 conversion O c 555,930 materials; 597,510 conversion O d. 494,640 materials: 247,320 conversion O e 597,510 materials; 555,930 conversion