Company XYZ uses direct labor hours to allocate its manufacturing overhead. The company estimates that total direct labor hours to be operated next year are 250,000 hours. The estimated variable overhead is OMR8 per hour and the estimated fixed overhead costs are OMR750,000. Calculate the predetermined overhead rate. Select one: a. OMR3.00 b. OMR11.00 c. OMR0.09 d. None of the answers given e. OMR12.00 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 OMR70. He expects fuel cost to be OMR60 per month. One of Ali's friends is a taxi driver. He offered Ali to take him to University for a monthly fee of OMR10. Because he does not have to drive, Ali believes that he can perform online work that would earn him a monthly revenue of OMR30. What is the differential cost in this scenario? Select one: a. OMR30 b. OMR10 c. OMR50 d. OMR20 e. OMR40 XYZ Company uses normal costing. Following are various cost and inventory data for the just completed year: Sales revenue OMR410,000; Adjusted gross profit OMR175,000; Selling and admin expenses OMR145,000; Overapplied overhead OMR15,000 ; Prime costs OMR155,000; Work in process inventory has increased by OMR10,000 ; Finished goods inventory has decreased by OMR20,000. How much is the manufacturing overhead costs applied to work in process during the year? Select one: a. OMR70,000 b. OMR85,000 c. OMR95,000 d. OMR75,000 e. None of the answers given