Question 2 Not yet answered Company XYZ produced and sold 7,500 units. The selling price per unit was OMR22. The variable manufacturing cost per unit was OMR8. The variable selling and administrative expenses per unit was OMR10. The total fixed expenses were OMR2,000. Calculate the total contribution margin Marked out of 0.80 Flag question Select one: a. OMR105,000 b. OMR30,000 c. OMR163,000 d. OMR28,000 e. OMR165,000 Question 3 Not yet answered Marked out of 0.80 A manufacturing company has the following balances at the end of its first year's operations: Sales OMR350,000; actual manufacturing overhead OMR150,000; manufacturing overhead applied OMR114,000; unadjusted costs of goods sold OMR175,000. The costs of goods sold balance includes overhead applied of OMR51,300. Ending Work in process inventory includes overhead applied of OMR34,700. Ending finished goods inventory includes overhead applied of OMR28,000. These balances are not adjusted for the overapplied or underapplied factory overhead. The company closes year-end manufacturing overhead balances proportionally to Work in Process, Finished Goods, and cost of Goods Sold. How much is the gross profit for the year after disposing the year-end overhead balances? P Flag question Select one: a. OMR139,000 b. OMR158,800 c. OMR154,300 d. OMR191,200 e. None of the answers given