16. Janice, Inc. budgeted production of 230.000 kg of product for the year 2020. Each d requires 15 minutes (0.25 hours) of Direct Labor (DL). Janice's DL ne is $20.00 per b What is Janice's total budgeted DL cost for 20207 a $1,195,000 b. $7,170,000 e. $1,434,000 d. $4,780,000 What is Jan Minutes (0.25 houon of 239,000 kg o o 17. Cromack, Inc. has expected sales revenue of $400,000. Its break even sales revenue is $210,000 What is the margin of safety as a percentage of expected sales revenue! a. 52.5% b. 34.4% c. 47.5% d. 30.0% 18. Lockwood Manufacturing Company collected the following production data for the past month Units Produced Total Cost 1,640 $48.000 1.300 38.000 1.500 45.000 1,000 36,000 If the high-low method is used, what were the fixed costs for the month? a. S12.000 b. SI5.200 c. $17.250 d. $ 9,000 19. If a company had a contribution margin of $750,000 and a contribution margin ratio of 50%, total variable costs must have been a. $1,500,000. b. $750,000 c. $1,125,000 d. $375,000 20. Wayward Wildlife is a nonprofit organization that rescues animals. Its fixed costs are $15,000 per year. The average variable cost of rescuing each animal is $10 each. Wayward arranged financing from Greenpeace in the amount of $48,000 (revenue) for 2020. What is the maximum number of animals that Wayward can rescue in 2020 and still break even? a. 1,500 b. 4,800 c. 3,300 d. 6,300