Cost of Goods Sold Finished Goods Process 61,880 OMR 8,450 OMR3,440 OMR Direct materials Direct labor 119,000 OMR 16,250 OMR6,160 OMR Manufacturing overhead applied 45,000 OMR 6,050 OMR3,300 OMR .Manufacturing overhead for the month was overapplied by OMR 7,000 The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goɔds, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied .during the month in those accounts The cost of goods sold for June after allocation of any underapplied or overapplied manufacturing overhead for the month is (rounded to nearest :OMR) OMR 220,720 .a O OMR 231,676 b O OMR 220,084 .C OMR 232,293 .d

Cost of Goods Sold Finished Goods Process 61,880 OMR 8,450 OMR3,440 OMR Direct materials Direct labor 119,000 OMR 16,250 OMR6,160 OMR Manufacturing overhead applied 45,000 OMR 6,050 OMR3,300 OMR .Manufacturing overhead for the month was overapplied by OMR 7,000 The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goɔds, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied .during the month in those accounts The cost of goods sold for June after allocation of any underapplied or overapplied manufacturing overhead for the month is (rounded to nearest :OMR) OMR 220,720 .a O OMR 231,676 b O OMR 220,084 .C OMR 232,293 .d

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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Subject: acounting
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