XYZ Company's accountant is estimating next period's total overhead costs (Y). She performed three regression analyses, the first is based on direct labor hours (DLH). the second is based on machine hours (hr), and the third is based on quantity produced (Q). The results were: [Y-$95,000 + $9xDLHR-square = 0.85); [Y $120,000 + $5xMhr; R-square = 0.15), EY=190,000+20; R-square=0.45). How much of the variations on the overhead costs is explained by the direct labor hours (DLH)? Select one: O a. 15% b. 45% C. 85% O d. None of the answers given e. 55% Company XYZ sells two products: AAA and BBB Product BB8 has a lower selling price but higher contribution margin compared to product AAA. Assume that the factory has fixed production capacity. If Company XYZ decided to produce and sell more units of product BBB compared to product AAA, which one of the following is likely to happen? Select one: a. Total profits will decrease b. None of the given answers O c. Total sales will increase O d. Total profit will increase e. Total profits will remain the same XYZ Company produces two models of wood chairs, A and B. The selling price per unit and the variable manufacturing cost per unit for model A are $120 and $70 respectively. The selling price per unit and the variable manufacturing cost per unit for model B are $160 and $76 respectively. The variable selling expense per unit for models A and B are $20 per unit and $24 per unit respectively. Assume that total fixed expenses are $79,200 per month and the expected monthly sales for models A and B are 3,600 units and 900 units respectively. If the sales mix and sales units are as expected, the break-even in sales ($) is: (round figures to the nearest number) Select one: a. 178,479 b. 281,600 c. 131,316 d. 194,954 e. None of the given answers