50.0 % 3.( TCO C) Heckaman Corporation produces and sells a single product. Data concerning that product appear below. Selling price per unit $ 115.00 Variable expense per unit $ 56.35 Fixed expense per month $ 299,115 4. TCO B) Industrial Supply Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below. Work in process, beginning: Units in beginning work in process inventory 400 Materials costs $ 6,900 Conversion costs $ 2,500 Percent complete for materials 80 % Percent complete for conversion 15 % 5.( TCO D) Topple Company produces a single product. Operating data for the company and its absorption costing income statement for the last year are presented below. Units in beginning inventory 0 Units produced 9,000 Units sold 7,000 Sales $ 100,000 Variable manufacturing costs are $ 4 per unit. Fixed manufacturing overhead totals $ 18,000 for the year. The fixed manufacturing overhead was applied at a rate of $ 2 per unit. Variable selling and administrative expenses were $ 1 per unit sold. Required: Prepare a new income statement for the year using variable costing. Comment on the differences between the absorption costing and the variable costing income statements.( Points: 30) 6.( TCO I)( Ignore income taxes in this problem.) Simpson Beauty Products Corporation is considering the production of a new conditioning shampoo that will require the purchase of new mixing machinery. The machinery will cost $ 700,000, is Required: Part A: What is the net present value of this investment opportunity?