During June, XYZ Company incurred OMR 90,000 of actual Manufacturing Overhead and actual labor hours were 15,000. During the same period, the Manufacturing Overhead was estimated to be OMR 95,000 for the period along with 20,000 direct labor hours. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a: O a. debit to Manufacturing Overhead of OMR 95,000 O b. credit to Manufacturing Overhead of OMR 90,000 O c. debit to Work in Process of OMR 71,250 O d. credit to Work in Process of OMR 71,250 O e. None of the given answer is correct
During June, XYZ Company incurred OMR 90,000 of actual Manufacturing Overhead and actual labor hours were 15,000. During the same period, the Manufacturing Overhead was estimated to be OMR 95,000 for the period along with 20,000 direct labor hours. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a: O a. debit to Manufacturing Overhead of OMR 95,000 O b. credit to Manufacturing Overhead of OMR 90,000 O c. debit to Work in Process of OMR 71,250 O d. credit to Work in Process of OMR 71,250 O e. None of the given answer is correct
Chapter1: Financial Statements And Business Decisions
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![During June, XYZ Company incurred OMR 90,000 of actual Manufacturing Overhead and actual
labor hours were 15,000. During the same period, the Manufacturing Overhead was estimated to be
OMR 95,000 for the period along with 20,000 direct labor hours. The journal entry to record the
application of Manufacturing Overhead to Work in Process would include a:
O a. debit to Manufacturing Overhead of OMR 95,000
O b. credit to Manufacturing Overhead of OMR 90,000
O C. debit to Work in Process of OMR 71,250
Od. credit to Work in Process of OMR 71,250
O e. None of the given answer is correct
Which one of the following is an example of a discretionary fixed cost?
O a. The depreciation cost of the Headquarters offices.
O b. The property taxes of the factory plant.
Oc. The cost of the accounting system of the company.
O d. None of the given answers.
of
O e. The salary of the deputy manager of the factory plant.
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Transcribed Image Text:During June, XYZ Company incurred OMR 90,000 of actual Manufacturing Overhead and actual
labor hours were 15,000. During the same period, the Manufacturing Overhead was estimated to be
OMR 95,000 for the period along with 20,000 direct labor hours. The journal entry to record the
application of Manufacturing Overhead to Work in Process would include a:
O a. debit to Manufacturing Overhead of OMR 95,000
O b. credit to Manufacturing Overhead of OMR 90,000
O C. debit to Work in Process of OMR 71,250
Od. credit to Work in Process of OMR 71,250
O e. None of the given answer is correct
Which one of the following is an example of a discretionary fixed cost?
O a. The depreciation cost of the Headquarters offices.
O b. The property taxes of the factory plant.
Oc. The cost of the accounting system of the company.
O d. None of the given answers.
of
O e. The salary of the deputy manager of the factory plant.
[]
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