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plz answer 16 and 17 Company XYZ made total contribution margin of $400,000 and a net income of $130,000. The company also made a total
plz answer 16 and 17 Company XYZ made total contribution margin of $400,000 and a net income of $130,000. The company also made a total gross margin of $330,000. Assume that the variable selling and administrative expenses were $120,000, how much is the fixed manufacturing cost ($)? Question 16 Not yet answered Marked out of 0.80 Flag question a. 270,000 O b. None of the given answers Oc 200,000 d. 190,000 e. 80,000 Question 17 Not yet answered Marked out of 0.80 Flag question During June, XYZ Company incurred OMR 90,000 of actual Manufacturing Overhead and actual labor hours were 15,000. During the same period, the Manufacturing Overhead was estimated to be OMR 95.000 for the period along with 20,000 direct labor hours. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a: a debit to Manufacturing Overhead of OMR 95,000 Ob. None of the given answer is correct Occredit to Manufacturing Overhead of OMR 71,250 Od credit to Work in Process of OMR 71,250 O e debit to Work in Process of OMR 67,500
plz answer 16 and 17
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