Beginning raw materials inventory was OMR90,000. During the month, OMR175,000 of raw materials was purchased. A count at the end of the month revealed that OMR54,000 of RM was still present. The cost of indirect materials used during the month was OMR15,000. What is the cost of direct materials used? Select one: O a. OMR211,000 O b. OMR114,000 O c. None of the answers given O d. OMR186,000

Beginning raw materials inventory was OMR90,000. During the month, OMR175,000 of raw materials was purchased. A count at the end of the month revealed that OMR54,000 of RM was still present. The cost of indirect materials used during the month was OMR15,000. What is the cost of direct materials used? Select one: O a. OMR211,000 O b. OMR114,000 O c. None of the answers given O d. OMR186,000

Name: Beginning raw materials inventory was OMR90,000. During the month, OM
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Description: Beginning raw materials inventory was OMR90,000. During the month, OMR175,000 of raw materials waspurchased. A count at the end of the month revealed that OMR54,000 of RM was still present. The cost ofindirect materials used during the month was OMR

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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