elearn.squ.edu.om/mod/quiz/attempt.php?a E-LEARNING SERVICES EMIC) SQU LIBRARIES - SQU POR ATTENDA Time left 1:29:53 During June, XYZ Company incurred OMR 95,000 of actual Manufacturing Overhead and...

Extracted text: elearn.squ.edu.om/mod/quiz/attempt.php?a E-LEARNING SERVICES EMIC) SQU LIBRARIES - SQU POR ATTENDA Time left 1:29:53 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: O a. debit to Work in Process of OMR 71,250 O b. debit to Manufacturing Overhead of OMR 95,000 O C. None of the given answer is correct O d. credit to Work in Process of OMR 71,250 e. credit to Manufacturing Overhead OMR 67,500 CLEAR MY CHOICE Which one of the following statements is not correct regarding financial accounting and management accounting? a. None of the given answers