During June, XYZ Company incurred OMR 95,000 of actual Manufacturing Overhead and actual labor hours were 15,000. During the same period, the Manufacturing Overhead was estimated to be OMR 90,000 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 a debit to Work in Process of OMR 67,500o Ob. debit to Manufacturing Overhead of OMR 95,000 Oc credit to Workin Process of OMR 71,250 Od. None of the given answer is correct Oe credit to Manufacturing Overhead of OMR 71,250

During June, XYZ Company incurred OMR 95,000 of actual Manufacturing Overhead and actual labor hours were 15,000. During the same period, the Manufacturing Overhead was estimated to be OMR 90,000 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 a debit to Work in Process of OMR 67,500o Ob. debit to Manufacturing Overhead of OMR 95,000 Oc credit to Workin Process of OMR 71,250 Od. None of the given answer is correct Oe credit to Manufacturing Overhead of OMR 71,250

Name: During June, XYZ Company incurred OMR 95,000 of actual Manufacturing
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Description: During June, XYZ Company incurred OMR 95,000 of actual Manufacturing Overhead and actual labor hours were 15,000. During the sameperiod, the Manufacturing Overhead was estimated to be OMR 90,000 for the period along with 20,000 direct labor hours. 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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