Additional information II
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff888b274-a347-43de-b9b3-b2f00c74e83d%2Fe9932831-82c6-40b0-9da0-7f69c32e8eca%2Fbtkenvo_processed.jpeg&w=3840&q=75)
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
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff888b274-a347-43de-b9b3-b2f00c74e83d%2Fe9932831-82c6-40b0-9da0-7f69c32e8eca%2Ftk9ulfn_processed.jpeg&w=3840&q=75)
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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