Question 50 Not yet answered Marked out of 1.00 Al shawani group of companies is producing chips, chocolates and ice creams. During the year 2020 the total overhead expenses are; Procurement cost OMR 400,000 Machine set up cost OMR 200,000 Flag question Direct labour hours for chips 2000, chocolates 3000 hours and ice cream 5000 hours. Calculate the predetermined overhead rate if overhead is applied based on the direct labour hours. a. OMR 60 b. OMR 120 c. OMR 70 d. OMR 80