Royal Bakery produces three types of products- product A product B and product C. Product A requires 200 machine setups and machine hours used on it were 1,000. Product B requires 400 machine setups and machine hours used on it were 500. Product Crequires 620 machine setups and machine hours used on it were 1,500. The company has defined an activity cost pool machine setups for which the cost driver is number of machine setups. The total overhead cost assigned to that cost pool was OMR 183,000. Estimate the machine setups overhead assigned to each of the products DaOMR 30,000 for A OMR 63,000 for 8; OMR 90,000 for C Ob. OMR 30.000 for A: OMR 60,000 for B: OMR 93,000 for C OC OMR 61.000 for A OMR 30,500 for B: OMR 91,500 for C Od.OMR 61,000 for A: OMR 61,000 for B: OMR 61,000 for C

Royal Bakery produces three types of products- product A product B and product C. Product A requires 200 machine setups and machine hours used on it were 1,000. Product B requires 400 machine setups and machine hours used on it were 500. Product Crequires 620 machine setups and machine hours used on it were 1,500. The company has defined an activity cost pool machine setups for which the cost driver is number of machine setups. The total overhead cost assigned to that cost pool was OMR 183,000. Estimate the machine setups overhead assigned to each of the products DaOMR 30,000 for A OMR 63,000 for 8; OMR 90,000 for C Ob. OMR 30.000 for A: OMR 60,000 for B: OMR 93,000 for C OC OMR 61.000 for A OMR 30,500 for B: OMR 91,500 for C Od.OMR 61,000 for A: OMR 61,000 for B: OMR 61,000 for C

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Description: Royal Bakery produces three types of products- product A, product B and product C. Product A requires 200 machine setupsand machine hours used on it were 1,000. Product B requites 400 machine setups and machine hours used on it were 500.Product C re

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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