The standard cost sheet includes all of the following EXCEPT Oa. the standard material costs per unit. Ob, the standard labor hours allowed for actual production. Oc. the standard quantity per unit. Od, the standard cost per unit. Total contribution margin is calculated by subtracting Oa, cost of goods sold from total revenues. Ob. total variable costs from total revenues. Oc. total manufacturing costs from total revenues. Od. fixed costs from total revenues. Which of the following equations measures a price variance? Oa. SP * (AQ - SQ) Ob. AQ * (AP - SP) Oc. (AQ - SQ) * (AP - SP) Od. SQ * (AP - SP) Biscuit Company sells its product for $50. In addition, it has a variable cost ratio of 55 percent and total fixed costs of $6,875. How many units must be sold in order to obtain a before-tax profit of $12,000 Oa. 240 units Ob450 units OC, 600 units Od 839 units The unit standard cost is Oa, the product of the standard price times the standard quantity for each unit. Ob. the amount of actual cost to produce a unit in a standardized process. Oc. the price standard for each unit. Od the actual cost for a standard product