Opening stock of Raw material is 280000 OMR ,Freight Inwards 3000 OMR, custom duty on purchases 2000 OMR, Purchases of Raw material 930000 OMR, Purchase returns is 1000 OMR and Closing stock of Raw material is 28000 OMR, Direct Wages is 175,000 OMR direct Expenses is 5000 OMR Calculate Prime cost Select one: O a. 1,059,000 OMR O b. 1,366,000 OMR Oc 984,000 OMR O d. 750,000 OMR

Opening stock of Raw material is 280000 OMR ,Freight Inwards 3000 OMR, custom duty on purchases 2000 OMR, Purchases of Raw material 930000 OMR, Purchase returns is 1000 OMR and Closing stock of Raw material is 28000 OMR, Direct Wages is 175,000 OMR direct Expenses is 5000 OMR Calculate Prime cost Select one: O a. 1,059,000 OMR O b. 1,366,000 OMR Oc 984,000 OMR O d. 750,000 OMR

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

tion If the merchandise costs $6,000, insurance in transit costs $500, tariff costs $50, processing by the purchasing department costs $35, and the receiving dock personnel costs $15, what is the total cost of the merchandise? -ous page O a. $6,000 O b. $6,550 O c. $6,600 O d. $6.500 -Arrianmont) Groun Arrianmont on lob Type here to search S X E 3 E $ D € O EI % R JU F JU OL V 5 C ^ 6 0 B Y H & 7 U N 3 8 O H 1 M ( Q K O 0 Time left 0 A P Next page 28°C M T
Compue the value by LCNRV
Opening stock of Raw material is 180000 OMR , Freight Inwards 5000 OMR, Purchases of Raw material 730000 OMR, Purchase returns is 1000 OMR and Closing stock of Raw material is 28000 OMR, Wages is 85,000 OMR direct Expenses is 75000 OMR Calculate Prime cost. a. 1,059,000 OMR b. 984,000 OMR c. None of these d. 1,046,000 OMR
Opening stock of Raw material is 280000 OMR ,Freight Inwards 3000 OMR, custom duty on purchases 2000 OMR, Purchases of Raw material 930000 OMR, Purchase returns is 1000 OMR and Closing stock of Raw material is 28000 OMR, Calculate Raw material consumed Select one: a. 1,059,000 OMR b. 984,000 OMR c. 1,186,000 OMR d. 750,000 OMR
The following information applied to Fenn, Inc. for 2022: Merchandise purchased for resale 400,000.00 Freight-in 15,000.00 Freight-out 10,000.00 Purchase returns 2,000.00 Fenn's 2022 inventoriable cost was Php 400,000 Php 408,000 Php 403,000 Php 413,000
plz fill in the space with the option
If opening stock of material is Rs. 5,00,000, closing stock of material is Rs. 3,00,000, Carriage inward Rs. 25,000, Carriage outward is Rs. 50,000, Purchases are Rs. 20,00,000 then what is material consumed? Oa. Rs 22,75,000 Ob. Rs 22,50,000 C.Rs 22,00,000 d. Rs 22,25,000
Assume absorption costing net income is $42000, beginning inventory consists of O units and ending inventory consists of 840 units, the variable overhead rate is $10 per unit, and the fixed overhead rate is $15 per unit. Determine the net income under variable costing. $63000 $54600 $29400 $21000
Exan cdn.student.uae.examus.net/?rldban=D1&sessi.. AC T101 FEX_2021_2_Male of A company's net sales for October were SR10,000. and had SR5,000 gross margin. itS cost of goods sol would be : 30 - 34 -> 114- a. 10,000 5 b.2,000 abe18ce33 95%.e18 C. 5,000 95abe18ce33 d. 15,000 95abe18ce33 95abe18ce 33 95abe18c 95abe18ce33 95abe18ce 33 95abe18ce33 సెక్ల MacBook Pro Co 80 F3 2. ア 888 000 F4 3. F5 TE 5 6 7 F7 & T. 7 V Y 8A U **** S4
Units in beginning inventory -0-Units produced 8,000Units sold 6,000 Variable costs per unit: Manufacturing $15 Selling and administrative $5 Fixed costs, in total: Manufacturing $24,000 Selling and administrative $16,000 What is the unit product cost under absorption costing?
data save velevant to Us product A and B Pvooluct P Pe unit RS Selling Price Direct mateal 45.00 birect wages Depaitment:1 0000 00.00 3. vaniable overheat Fixed overhead is budgekd at RS 275,000 per anum data each depaitment ave: pe. for present envivonment, it's not possible Show maihematically objetive ftn 4 cons trants 6) compute duad of The problems Uking graphical meihod q solve lhe रिज्o u+ primal s solve both dual of The comespondoing prim al problem using hit & fral method s compare your answe