1 a How much did the materials cost per unit change between June and July b How much did the conversion cost per unit change between June and July 2 Which is the optimal choice of material and factory overhead costs in August Why 3 On a FIFO basis what are the percent changes in the cost per completed unit from one group to the next over the three month period What may have caused these differences 4 How should William respond to Mr Fantastic s call to Show me the money in terms of options to reduce production costs over time to increase profitability 5 If the estimate for projected production in August is adjusted down by 20 due to inclement weather yet total labor and factory overhead costs remain at the original amounts what