Time left 2:02:30 XYZ Co. has the following information: Inventory at 1st Inventory at 31st Dec 2020 Jan 2020 Raw Materials Inventory OMR 20,000 OMR 30,000 Work in Process Inventory OMR 15,000 OMR...


Time left 2:02:30<br>XYZ Co. has the following information:<br>Inventory at 1st<br>Inventory at 31st Dec 2020<br>Jan 2020<br>Raw Materials Inventory<br>OMR 20,000<br>OMR<br>30,000<br>Work in Process Inventory<br>OMR 15,000<br>OMR<br>18,000<br>Finished Goods Inventory<br>OMR 30,000<br>OMR<br>20,000<br>Additional information for the year is as follows:<br>Raw materials purchases<br>OMR 100,000<br>F<br>OMR<br>75,000<br>Direct labor<br>OMR<br>80,000<br>Manufacturing overhead applied<br>OMR<br>85,000<br>Manufacturing overhead Actual<br>OMR<br>Indirect materials<br>Compute the adjusted cost of goods sold.<br>O a.<br>OMR 252,000<br>O b. OMR 257,000<br>O C.<br>OMR 258,000<br>

Extracted text: Time left 2:02:30 XYZ Co. has the following information: Inventory at 1st Inventory at 31st Dec 2020 Jan 2020 Raw Materials Inventory OMR 20,000 OMR 30,000 Work in Process Inventory OMR 15,000 OMR 18,000 Finished Goods Inventory OMR 30,000 OMR 20,000 Additional information for the year is as follows: Raw materials purchases OMR 100,000 F OMR 75,000 Direct labor OMR 80,000 Manufacturing overhead applied OMR 85,000 Manufacturing overhead Actual OMR Indirect materials Compute the adjusted cost of goods sold. O a. OMR 252,000 O b. OMR 257,000 O C. OMR 258,000

Jun 11, 2022
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