Al Madinah Tire Company is considering the following alternatives: Alternative 1 Alternative 2 Revenues OMR 120,000 OMR 115,000 60,000 Shipping costs Repair costs 70,000 45,000 25,000 When looking at repair costs, choosing Alternative 2 will affect net income by a: Select one: a. None of the answers are correct b. 5,000 increase c. 20,000 increase d. 10.000 decrease e. 20.000 decrease Nizwa Co. has the following information available for December 2019 Total fixed costs R.O. 240,000 Units sold 400 Unit selling price of a TV unit R.O. 2,000 an Unit variable costs R.O. 500 The total contribution margin is: Select one: e a. 240,000 b. 600,000 c. 1,500 d. None of the answers are correct e. 360,000 Al Maha Co. produces 1,200 units of petroleum with direct materials costs of RO 32,000, Direct Labor costs of RO 12,000, Variable Overhead costs of RO 25,000 and Fixed Overhead costs of RO 22,000. Omanoil Co. offers to produce the units of petroleum at RO 72 per unit. (Make or Buy Decision) The cost to make the petroleum is: Select one: a. None of the answers are correct b. 80,000 c. 84,000 d. 12,0000 e. 69,000