QUESTION 16 The following information pertains to O'Douls beer production for June in the brewing department: Percent Completed Units Materials Conversion Work in process, beginning 20,000 100% 75% Started into production 180,000 Completed and transferred out 160,000 Work in process, ending 40,000 100% 25% Using the weighted average method, what are the conversion equivalent units of production for june for this department? 190,000 units. 200,000 units. 340,000 units. 170,000 units QUESTION 17 Using a Contribution Format Income Statement, compute the resulting net income for a company with the contribution margin ratio at 18, fixed monthly expenses of $54,000 and the sales for the month of $319,000 $57.420 53,420 56,610 59,720 None of the above