Thompson Company manufactures and sells cookware. Because of current trends, it expects to increase sales by 15% next year. If this expected level of production and sales occurs and plant expansion is not needed, how should this increase affect next year's total amounts for the following costs. Mixed Costs Variable Costs a. no change b. Increase C. decrease d. Increase Fixed Costs no change increase increase increase increase increase no change increase Which of the following manufacturing costs is an indirect cost of producing a product? hourly wages of an assembly worker oil lubricants used for factory machinery memory chips for a microcomputer manufacturer commissions for sales personnel Department G had 3,600 units 25% completed at the beginning of the period, 11,000 units were completed during the period; 3,000 units were 20% completed at the end of the period, and the following manufacturing costs debited to the departmental work in process account during the period: $40,000 Work in process, beginning of period Costs added during period: Direct materials (10,400 units at $8) Direct labor Factory overhead 83.200 63,000 25,000 All direct materials are placed in process at the beginning of production and the first in, first-out method of inventory costing is used. What is the total cost of 3,600 units of beginning inventory which were completed during the period (round unit cost calculations to four decimal places)? a. $40,000 b. $62,206 C. $19,275 d. $16,163 If sales are $425,000, variable costs are 62% of sales, and operating income is $50,000, what is the contribution margin ratio? a. 38% b. 11.8% c. 62% d. 26.8% Which of the following is part of factory overhead cost? direct materials used depreciation of factory equipment and machines sales commissions depreciation of sales person's vehicle