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Ibra Industries produces windows, which it sells for OMR 20 each. Each Unit costs OMR 13 of variable costs to make. During April, 1,000 Units

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Ibra Industries produces windows, which it sells for OMR 20 each. Each Unit costs OMR 13 of variable costs to make. During April, 1,000 Units were sold. Fixed costs were a total of OMR 1,000 for the month. How much is the contribution margin ratio? Select one: O a. 75% b. 35% c. 25% d. None of the answers are correct O e. 65% M&S Company incurs the following costs to produce 10,000 units of a subassembly part: Direct materials OMR 0.84 Direct labor 1.125 Variable overhead 1.26 Fixed overhead 1.62 An outside supplier has offered to sell M&S Company the subcomponent for OMR 2.85 a unit If M&S Company accepts the offer, by how much will net income increase (decrease)? Select one: O a. OMR 3,750 O b. OMR (8,850) c. OMR (2,850) O d. OMR 19,950 O e. None of the answers are correct

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