Prime cost is 236000 OMR, and cost of production for the year is 298420 OMR Opening stock of work in progress is 12000, and closing stock of Work in progress is 13500 OMR, Opening stock of finished goods is 20000, and closing stock of finished goods is 13750 OMR, Cost of goods manufactured 958000 OMR Calculate cost of goods available for sale Select one: a 978000 OMR
Prime cost is 236000 OMR, and cost of production for the year is 298420 OMR Opening stock of work in progress is 12000, and closing stock of Work in progress is 13500 OMR, Opening stock of finished goods is 20000, and closing stock of finished goods is 13750 OMR, Cost of goods manufactured 958000 OMR Calculate cost of goods available for sale Select one: a 978000 OMR
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Prime cost is 236000 OMR, and cost of production for the year is 298420 OMR Opening stock of work in
progress is 12000, and closing stock of Work in progress is 13500 OMR, Opening stock of finished goods is
20000, and closing stock of finished goods is 13750 OMR, Cost of goods manufactured 958000 OMR Calculate
cost of goods available for sale
Select one:
a. 978000 OMR
b. 998600 OMR
c. None of these
d. 999000 OMR
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