Time left 1:56:42 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...


Time left 1:56:42<br>XYZ Co. has provided the following data for the month of June. There were no beginning inventories;<br>consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the<br>current month.<br>Work In<br>Process<br>Finished Goods<br>Cost of Goods Sold<br>Direct materials<br>OMR 3,440<br>OMR 8,450 OMR<br>61,880<br>Direct labor<br>OMR 6,160<br>OMR 16,250OMR<br>119,000<br>Manufacturing<br>overhead applied<br>OMR 3,300<br>OMR 6,050 OMR<br>45,650<br>Manufacturing overhead for the month was overapplied by OMR 7,000.<br>The company allocates any underapplied or overapplied manufacturing overhead among work in process,<br>finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead<br>applied during the month in those accounts.<br>The cost of goods sold for June aftenallocation of any underapplied or overapplied manufacturing overhead for<br>the month is (rounded to nearest OMR):<br>

Extracted text: Time left 1:56:42 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. Work In Process Finished Goods Cost of Goods Sold Direct materials OMR 3,440 OMR 8,450 OMR 61,880 Direct labor OMR 6,160 OMR 16,250OMR 119,000 Manufacturing overhead applied OMR 3,300 OMR 6,050 OMR 45,650 Manufacturing overhead for the month was overapplied 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 during the month in those accounts. The cost of goods sold for June aftenallocation of any underapplied or overapplied manufacturing overhead for the month is (rounded to nearest OMR):
,160<br>OMR 16,250OMR<br>119,000<br>Manufacturing<br>overhead applied<br>OMR 3,300<br>OMR 6,050 OMR<br>45,650<br>Manufacturing overhead for the month was overapplied by OMR 7,000.<br>The company allocates any underapplied or overapplied manufacturing overhead among work in process,<br>finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead<br>applied during the month in those accounts.<br>The cost of goods sold for June after allocation of any underapplied or overapplied manufacturing overhead for<br>the month is (rounded to nearest OMR):<br>O a. OMR 220,720<br>O b. OMR 232,293<br>O c. OMR 231,676<br>O d. OMR 220,084<br>O e. None of the given answer is correct<br>solut..pptx<br>Ch3 cost flow PPT.pptx<br>

Extracted text: ,160 OMR 16,250OMR 119,000 Manufacturing overhead applied OMR 3,300 OMR 6,050 OMR 45,650 Manufacturing overhead for the month was overapplied 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 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 OMR): O a. OMR 220,720 O b. OMR 232,293 O c. OMR 231,676 O d. OMR 220,084 O e. None of the given answer is correct solut..pptx Ch3 cost flow PPT.pptx
Jun 11, 2022
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