1) Instructions: Using the following data, complete the requirements given below.

The Finishing Department of Wayland Fixtures reports the following for January 2014: Production: All materials are added at the beginning of the process. Beginning work in process 11,000 units, 20% complete. Units started into production 88,000 units. Ending work in process 9,000 units, 40% complete. Manufacturing Costs: Beginning work in process, $35,100, comprised of $21,100 of materials and $14,000 of conversion costs. Materials added $68,000; labor and overhead added $56,200. (a) Required: Compute equivalent units of production for (1) materials and (2) conversion costs. (Show the numbers you used in the calculation)

2) Fixed costs

a. increase in total as total production increases.

b. decrease in total as total production decreases.

c. decrease per unit as total production decreases.

d. increase per unit as total production decreases.

3) Variable costs, as activity increases, will

a. will stay the same in total.

b. increase per unit.

c. remain constant per unit. d. decrease in total.