E-LEARNING SERVICES - SQU LIBRARIES - SQU PORTAL MIC) ATTENDANCE Time left 1:1T3:17 Quiz XYZ Co. has provided the following data for the month of June. There were no beginning inventories;...

Extracted text: E-LEARNING SERVICES - SQU LIBRARIES - SQU PORTAL MIC) ATTENDANCE Time left 1:1T3:17 Quiz XYZ Co. has provided the following data for the month of June. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Ruw Work In 12 Process Finished Goods Cost of Goods Sold Direct materials OMR 3,4400MR 8,450 MR 61,880 Direct labor OMR 6,1600MR 16,2500MR 119,000 Manufacturing overhead applied OMR 3,3000MR 6,050 OMR 45,000 Manufacturing overhead for the month was underapplied by OMR 7,000. The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied Finis during the month in those accounts. The cost of goods sold for June after allocation of any underapplied or overapplied manufacturing overhead for the month is (rounded to nearest hp