If sales are $100,000, fixed expenses are $34,000, and the contribution margin is $40,000, then the net operating income must be: Multiple Choice $74,000. O $34,000. O $6,000 O $60,000. MacBook Air DII DO 80 Q F7 F8 F3 FA F5 F6 & %incurred Job Y Job z Direct materials $ 13 , 000 $ 8,900 Direct labor cost $ 21, 000 $ 7, 500 Actual direct labor hours worked 1, 400 500 Assuming Job Z contains 200 units and that the company applies a markup of 60% when establishing choose for Job Z is closest to: Multiple Choice O $161.20 $151.20 $141.20 O $171.20 MacBook Air 20 F2 F3 F4 F5 F6 F76 Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two Job Y and Job Z. The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional month of July is available for the company as a whole and for Jobs Y and Z: Estimated total fixed manufacturing overhead $ 13,000 Estimated variable manufacturing overhead per direct labor-hour $ 1.00 Estimated total direct labor hours to be worked 2, 000 01:07:35 Total actual manufacturing overhead costs incurred $ 12, 800 Job Y Job Z Direct materials $ 13,000 $ 8, 900 Direct labor cost $ 21, 000 $ 7, 500 Actual direct labor hours worked 1 , 400 500 Assuming Job Z contains 200 units and that the company applies a markup of 60% when establishing its selling prices, the price choose for Job Z is closest to: Multiple Choice O $161.20 $151.20 O $141.20 MacBook Air