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Ali is a student at the University. He recently purchased a car for OMR5,000 to use it for going to the University. Ali also expects

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Ali is a student at the University. He recently purchased a car for OMR5,000 to use it for going to the University. Ali also expects that other friends might ask for transportation from him. He expects a total monthly revenue of OMRSO. He expects fuel cost to be OMR30 per month. One of All's friends is a taxi driver. He offered Ali to take him to University for a monthly fee of OMR20. Because he does not have to drive, Ali believes that he can perform online work that would earn him a monthly revenue of OMR10. What is the differential cost in this scenario? Select one O a OMR10 b. OMR30 O COMR40 d. OMR50 e OMR20 A manufacturing company has the following balances at the end of its first year's operations: Sales OMR350.000 actual manufacturing overhead OMR170,000; manufacturing overhead applied OMR114,000; unadjusted costs of goods sold OMR175.000. The costs of goods sold balance includes overhead applied of OMRS 1,300. 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 doses 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? Select one: a OMR119,000 O b. OMR149,800 O.COMR145.300 d. OMR200,200 O e None of the answers given

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