During June at XYZ company, OMR 85,000 of raw materials were requisitioned from the storeroom fo in production. These raw materials included both din and indirect materials. The indirect materials totalec OMR 7,000. The journal entry to record the requisit from the storeroom would include a: credit to Manufacturing Overhead of OMR 7,000 a. O b. debit to Work in Process of OMR 85,000 O c. None of the given answer is correct O d. debit to Work in Process of OMR 78,000 e. debit to Raw Materials of OMR 85,000

During June at XYZ company, OMR 85,000 of raw materials were requisitioned from the storeroom fo in production. These raw materials included both din and indirect materials. The indirect materials totalec OMR 7,000. The journal entry to record the requisit from the storeroom would include a: credit to Manufacturing Overhead of OMR 7,000 a. O b. debit to Work in Process of OMR 85,000 O c. None of the given answer is correct O d. debit to Work in Process of OMR 78,000 e. debit to Raw Materials of OMR 85,000

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Description: During June at XYZ company, OMR 85,000 of rawmaterials were requisitioned from the storeroom for usein production. These raw materials included both directand indirect materials. The indirect materials totaledOMR 7,000. The journal entry to record t

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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Provide Answer with calculation and explanation
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