The number of equivalent units of production for material costs for the month of January is: 28,000 23, 2000 24,000 22,000 The number of equivalent units of production for conversion costs for the month of January is: 21, 600 24,000 22,000 23, 200 Unfavorable material quantity variances Could be caused by normal spoilage Mean that smaller quantity discount were taken on purchases Mean that more direct materials were used than expected for actual output Mean that less indirect materials were used than expected for actual output Riyyad Co., produces its only product in a highly automated process, expected monthly production is 50,000 units. The required direct material costs $0.85 per unit. Manufacturing overhead costs are $75,000 per month and are allocated based on units of production. What is the predetermined manufacturing overhead rate? $1.00 per unit $1.50 per unit $0.85 per unit $0.67 per unit