Question 37 A worker is paid OMR 5,000 per unit, and he produces 18 units in 7 hours. What would be his total earnings under the straight-piece rate system? Not yet answered Marked out of 100 O a OMR 90.000 O b. None of the option Flag question O c. OMR 35.000 O d. OMR 126.000 Question 38 Not yet answered Marked out of 1,00 Flag question The total indirect expenses for the factory are OMR 30,000. There were 5,000 labour hours worked and 25,000 machine hours consumed in the factory in year 2020. Compute the overhead rate based on direct labour hour a. OMR 6.150/hour O b. OMR 1.000/hour O c, None of these O d. OMR 6.000/hour Question 39 Not yet answered Marked out of Amazing Fabrics provides you with the following details--the material used OMR 12,500, Direct labour hours used: 1200 Hours, direct wages OMR 25,000. Overhead Cost is 32,000. Using these data, compute overhead rate as a percentage of direct wage. O a. 0.78 100 b. None of these Flag question O c. 1.28 Od 2.67 Question 40 Not yet answered Marked out of 1.00 Prime cost can be also called O a Overhead O b. Fixed Flag question O c. Direct cost O d. Indirect cost Total cost of sales OMR 210,000. Profit is 35% of the cost. Find out sales. Question 41 Not yet answered Marked out of 1.00 2. OMR 250,000 O b. OMR 283,500 O c. None of these Flag question O d. OMR 300,000 Question 42 Not yet answered Marked out of 1.00 Flag question The majestic company produced 5000 units. Variable manufacturing cost per unit is OMR 8.000, fixed manufacturing overhead is OMR 2. 200, Variable selling and administration overhead per unit is OMR 1.500. The selling price per unit is OMR 13.500. Compute the total contribution for the company. O a OMR 20,000 b. OMR 67,500 O COMR 40,000 d. None of these Question 43 Not yet answered Marked out of 1.00 According to the Rowan premium plan, which of the following formulas is used to calculate the bonus rate? O a (Time Allowed/Time Saved) x Time Taken X Rate Per Hour ob (Time Allowed/Actual Time Taken) X Time Taken X Rate Per Hour O c. (Actual Time Taken/Standard Time) x Time Taken X Rate Per Hour O d. (Time Saved/Standard Time ) X Time Taken X Rate Per Hour Flag