question 2

XYZ company's prime costs total OMR5,000,000 and its conversion costs total OMR 9,000,000. If direct materials are OMR 1,500,000 and factory overhead is OMR 5,500,000, then direct labor is: O a OMR 1,000,000. O b. OMR 3,500,000 Oc OMR 2,000,000. O d. OMR 3,000,000. Oe. OMR 4,000,000. Cost of Goods Sold: Is the difference between sales and gross margin b. Is the difference between sales and variable costs Leads to calculating contribution margin. Od. Is the difference between sales and fixed costs O e. Distinguishes between variable and fixed costs