Duqm Sugar Factory had the following data: Jan. 1, 2019 Dec. 31, 2019 Raw materials inventory OMR 80,000 OMR 64,000 Work in process inventory 104,000 116,000 Finished goods inventory 100,000 92,000 During 2019, the company purchased OMR 1,450,000 of materials, had a direct labor cost of OMR 250,000, and manufacturing overhead was OMR 160,000. The cost of goods sold is:

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 6PA: During the year, a company purchased raw materials of $77,321, and incurred direct labor costs of...
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Duqm Sugar Factory had the following data:
Jan. 1, 2019
Dec. 31, 2019
Raw materials inventory
OMR 80,000
OMR 64,000
Work in process inventory
104,000
116,000
Finished goods inventory
100,000
92,000
During 2019, the company purchased OMR 1,450,000 of materials, had a direct labor cost of OMR 250,000, and
manufacturing overhead was OMR 160,000. The cost of goods sold is:
Select one:
O a. None of the answers are correct
O b. 1,864,000
Oc. 1,872,000
O d. 1,684,000
O e. 1,610,000
Next page
ENG
08:35
INTL
25/05/2021
Transcribed Image Text:Duqm Sugar Factory had the following data: Jan. 1, 2019 Dec. 31, 2019 Raw materials inventory OMR 80,000 OMR 64,000 Work in process inventory 104,000 116,000 Finished goods inventory 100,000 92,000 During 2019, the company purchased OMR 1,450,000 of materials, had a direct labor cost of OMR 250,000, and manufacturing overhead was OMR 160,000. The cost of goods sold is: Select one: O a. None of the answers are correct O b. 1,864,000 Oc. 1,872,000 O d. 1,684,000 O e. 1,610,000 Next page ENG 08:35 INTL 25/05/2021
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