During June, XYZ Company incurred OMR 95,000 of actual Manufacturing Overhead and actual labor hours were 15,000. During the same period, the Manufacturing Overhead was estimated to be OMR 90,000 for...


During June, XYZ Company incurred OMR 95,000 of<br>actual Manufacturing Overhead and actual labor hours<br>were 15,000. During the same period, the<br>Manufacturing Overhead was estimated to be OMR<br>90,000 for the period along with 20,000 direct labor<br>hours. The journal entry to record the application of<br>Manufacturing Overhead to Work in Process would<br>include a:<br>a.<br>debit to Work in Process of OMR 67,500<br>O b.<br>credit to Work in Process of OMR 71,250<br>debit to Manufacturing Overhead of OMR<br>O c.<br>95,000<br>d.<br>None of the given answer is correct<br>е.<br>credit to Manufacturing Overhead of OMR<br>71,250<br>

Extracted text: During June, XYZ Company incurred OMR 95,000 of actual Manufacturing Overhead and actual labor hours were 15,000. During the same period, the Manufacturing Overhead was estimated to be OMR 90,000 for the period along with 20,000 direct labor hours. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a: a. debit to Work in Process of OMR 67,500 O b. credit to Work in Process of OMR 71,250 debit to Manufacturing Overhead of OMR O c. 95,000 d. None of the given answer is correct е. credit to Manufacturing Overhead of OMR 71,250

Jun 11, 2022
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