Ambrosia Foods produces a gourmet condiment that sells for $24 per unit.

Problem 4. (10 Points) Ambrosia Foods produces a gourmet condiment that sells for $24 per unit. Variable cost is $6 per unit, and fixed costs are $8000 per month. If Ambrosia expects to sell 1500 units, compute the margin of safety in units. (Round any intermediate calculations and your final answer to the nearest whole unit.) Problem 5. (Points 15) Neptune Fabrication Plant has provided you with the following information. Total manufacturing overhead estimated at the beginning of the year Total direct labor costs estimated at the beginning of the S250,000 $125,000 5,000 direct labo otal direct labor hours estimated at the beginning of the ear ho manufacturing overhead costs for the year $240,000 $135,000 4,500 direct labor ctual direct labor costs for the year Actual direct labor hours for the year The company bases its manufacturing overhead allocation on direct labor hours. hours A) How much overhead was applied during the year? B) Was overhead under or over applied during the year and by how much?