XYZ Company is currently selling its single product for $15. Variable costs are estimated to remain at 70% of the current selling price and fixed costs are estimated to be $4,800 per month. If XYZ increases its selling price by 10%, its variable cost ratio will: Select one: a. increase. b. not change. c. Cannot determine with the information given. d. decrease e. None of the given answers. Based on analyzing the relationship of total factory overhead (Y) to direct labor hours (x), the following relationship was found: Y = $2,000 + $5X. The $5 in the equation represents: Select one: a. Total fixed factory overhead costs b. Fixed factory overhead costs per direct labor hour. c. None of the answers given d. Variable factory overhead costs per direct labor hour. e. Total variable factory overhead costs