XYZ Company had the following information for the year: Time left 0:46:06 Direct materials used Direct labor incurred (4,000 hours) Actual manufacturing overhead incurred OMR 110,000 OMR 150,000 OMR 166,000 a. The Company used a predetermined overhead rate of OMR 30 per direct labor hour for the year. Assume the only inventory balance is an ending Work in Process Inventory balance of OMR 17,000. What was cost of goods manufactured? None of the given answer is correct b. OMR 383,000 Oc. OMR 418,000 O d. OMR 393,000 0 0 O e. OMR 363,000 A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on labor-hours. The company based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of $120,000 and 4,000 labor-hours. The job sheet of Job1112 shows that the number of units produced in this job order is 5 units. This job required 500 labor-hours and incurred direct materials cost of $5,000 and direct labor costs of $15,500. The unit product cost for Job1112 is: a. $35,500 b. $28,100 Oc. $2,000 O d. None of the given answers. e. $7,100