The total prime cost of a product was OMR4,400. The variable manufacturing overhead is calculated based on the number of direct labor hours. The variable manufacturing overhead cost per hour is three times the direct labor cost per hour. The fixed manufacturing overhead was OMR1,500. Assuming that direct labor hours were 300 and that the direct labor cost was 10% of direct materials cost, how much is the total manufacturing cost?
The total prime cost of a product was OMR4,400. The variable manufacturing overhead is calculated based on the number of direct labor hours. The variable manufacturing overhead cost per hour is three times the direct labor cost per hour. The fixed manufacturing overhead was OMR1,500. Assuming that direct labor hours were 300 and that the direct labor cost was 10% of direct materials cost, how much is the total manufacturing cost?
Chapter1: Financial Statements And Business Decisions
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The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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Question
![O e. None of the answers given
O f. Debit to manufacturing overhead of OMR68,000
The total prime cost of a product was OMR4,400. The variable manufacturing overhead is
calculated based on the number of direct labor hours. The variable manufacturing overhead
cost per hour is three times the direct labor cost per hour. The fixed manufacturing overhead
of
was OMR1,500. Assuming that direct labor hours were 300 and that the direct labor cost was
10% of direct materials cost, how much is the total manufacturing cost?
stion
Select one:
O a. OMR19,100
O b. OMR13,100
O c. OMR7,100
O d. OMR17,600
e. OMR5,900
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Transcribed Image Text:O e. None of the answers given
O f. Debit to manufacturing overhead of OMR68,000
The total prime cost of a product was OMR4,400. The variable manufacturing overhead is
calculated based on the number of direct labor hours. The variable manufacturing overhead
cost per hour is three times the direct labor cost per hour. The fixed manufacturing overhead
of
was OMR1,500. Assuming that direct labor hours were 300 and that the direct labor cost was
10% of direct materials cost, how much is the total manufacturing cost?
stion
Select one:
O a. OMR19,100
O b. OMR13,100
O c. OMR7,100
O d. OMR17,600
e. OMR5,900
Next page
Part 1
Jump to...
18
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