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Manufacturing overhead was estimated to be OMR 415,000 for the year along with estimated 20,000 direct labor hours. Actual manufacturing overhead was OMR 400.000, and actual labor hours were 21,000. The amount credited to the Manufacturing Overhead account would be: OMR 420,000. a. O b. OMR 435,750. O c. OMR 400,000. d. OMR 415,000. None of the given answer is correct e.

Manufacturing overhead was estimated to be OMR 415,000 for the year along with estimated 20,000 direct labor hours. Actual manufacturing overhead was OMR 400.000, and actual labor hours were 21,000. The amount credited to the Manufacturing Overhead account would be: OMR 420,000. a. O b. OMR 435,750. O c. OMR 400,000. d. OMR 415,000. None of the given answer is correct e.

FINANCIAL ACCOUNTING
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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Manufacturing overhead was estimated to be OMR 415,000 for the year along with estimated 20,000 direct labor hours. Actual manufacturing overhead was OMR 400.000, and actual labor hours were 21,000. The amount credited to the Manufacturing Overhead account would be: OMR 420,000. a. O b. OMR 435,750. O c. OMR 400,000. d. OMR 415,000. None of the given answer is correct e.
Transcribed Image Text:Manufacturing overhead was estimated to be OMR 415,000 for the year along with estimated 20,000 direct labor hours. Actual manufacturing overhead was OMR 400.000, and actual labor hours were 21,000. The amount credited to the Manufacturing Overhead account would be: OMR 420,000. a. O b. OMR 435,750. O c. OMR 400,000. d. OMR 415,000. None of the given answer is correct e.
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