Additional information II

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Time left 0:25:00
Additional information for the year is as follows:
Raw materials purchases
OMR 100,00O
Direct labor
OMR 75,00
Manufacturing overhead applied
OMR
85,000
OMR
80,000
Manufacturing overhead Actual
Indirect materials
OMR
Compute the adjusted cost of goods sold.
a.
OMR 247,000
b. None of the given answer is correct
O c. OMR 258,000
d. OMR 252,000
O e. OMR 257,000
CLEAR MY CHOICE
II
Transcribed Image Text:elearn.squ.edu.om Comp Time left 0:25:00 Additional information for the year is as follows: Raw materials purchases OMR 100,00O Direct labor OMR 75,00 Manufacturing overhead applied OMR 85,000 OMR 80,000 Manufacturing overhead Actual Indirect materials OMR Compute the adjusted cost of goods sold. a. OMR 247,000 b. None of the given answer is correct O c. OMR 258,000 d. OMR 252,000 O e. OMR 257,000 CLEAR MY CHOICE II
A elearn.squ.eu
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Time left 0:25:14
XYZ Co. has the following information:
Inventory at 1st
Inventory at 31st Dec
Jan 2020
2020
Raw Materials Inventory
OMR 20,000
OMR
35,000
Work in Process
Inventory
OMR
OMR
15,000
18,000
Finished Goods
OMR
30,000
OMR
Inventory
20,000
Additional information for the year is as follows:
Raw materials purchases
OMR 100,000
Direct labor
OMR 75,000
Manufacturing overhead applied
OMR 85,000
Manufacturing overhead Actual
OMR 80,000
Indirect materials
OMR
Transcribed Image Text:A elearn.squ.eu Comp Time left 0:25:14 XYZ Co. has the following information: Inventory at 1st Inventory at 31st Dec Jan 2020 2020 Raw Materials Inventory OMR 20,000 OMR 35,000 Work in Process Inventory OMR OMR 15,000 18,000 Finished Goods OMR 30,000 OMR Inventory 20,000 Additional information for the year is as follows: Raw materials purchases OMR 100,000 Direct labor OMR 75,000 Manufacturing overhead applied OMR 85,000 Manufacturing overhead Actual OMR 80,000 Indirect materials OMR
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