A Company uses a job order costing system and allocates its manufacturing overhead costs based on direct labor costs. The Company's production costs for the year were: direct labor, $75,000; direct materials, $40,000; and factory overhead applied $30,000. The predetermined overhead rate was: a. 75%. b. 40%. c. 188.%. d. 53.3%. e. 1.88%. XYZ Company had the following information for the year: Direct materials used OMR 110,000 Direct labor incurred (4,000 hours) OMR 150,000 Actual manufacturing overhead incurred OMR 166,000 The Company used a predetermined overhead rate of OMR 35 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? a. OMR 383,000 b. None of the given answer is correct c. OMR 393,000 d. OMR 418,000 OMR 363,000