Ali is currently working as a human resource manager for a company and earns a good salary. He is planning to pursue a Master of Business Administration (MBA) degree. He recently received an offer from University A, which included the cost of tuition fees. If Ali decided to go for the MBA study, his company would stop paying his salary. At the same time, if Ali completed his MBA degree, he would earn a higher salary than his current one. Furthermore, Ali has recently purchased an apartment in the city and moved in. For Ali, when considering whether or not to go for the MBA study, the extra salary to be received after the MBA study is referred to as: O a. None of the given answers. O b. Incremental cost. O c. Opportunity cost. O d. Incremental revenue. e. Sunk cost. During June at XYZ company, OMR 85,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled OMR 7,000. The journal entry to record the requisition from the storeroom would include a a. debit to Work in Process of OMR 7,000 b. None of the given answer is correct debit to Raw Materials of OMR 85.000 d. debit to Manufacturing Overhead of OMR 7,000 O e. debit to Work in Process of OMR 85.000