Victor Industries initiated the process of setting standards for the forthcoming period. One of their products, V50, needs 10 Kg of material A and 6 Kg of material B, at a standard price of OMR 5 per kg and OMR 8 per kg respectively. Direct labour will cost OMR 6 per hour and each unit of V50 requires 4 hours of labour. Calculate standard prime cost for one unit of product V50.

a.

OMR 122

b.

None of the options

c.

OMR 98

d.

OMR 24