43- Direct material used in production OMR 30,000: direct wages incurred OMR 20,000: the direct labor hours worked was 1,000 hours and machine usage is 20,000 hours. The business incurred the total overhead cost of OMR 360,000.

Calculate the overhead absorption rate on the basis of machine hours:

OMR 18 per machine hour

OMR 18 per labor hour

OMR 20 per machine hour

OMR 20 per labor hour

44- Time allowed 800 hours; Time saved 200 hours; Rate per hour = 3 OMR. Using the given data, calculate the earnings under Rowan Bonus Plan.

OMR 2,050

OMR 2,250

OMR 1,850

OMR 1,950