Question
1.XYZ industries applies overhead based on direct labor cost. The following information was available for the last year: Actual manufacturing overhead OMR50,0003; Underapplied manufacturing overhead
1.XYZ industries applies overhead based on direct labor cost. The following information was available for the last year: Actual manufacturing overhead OMR50,0003; Underapplied manufacturing overhead OMR10,400; Actual Prime cost OMR52,000; Actual Direct material cost OMR19,000; Estimated direct labor cost OMR39,000. What was the estimated manufacturing overhead for Select one: O a. OMR51,600 O b. OMR49,200 O c. OMR46,800 O d. None of the answers given O e. OMR39,600
2.Company XYZ has raw materials at the beginning of August of OMR550,000. During August, the company purchased additional raw materials of OMR30,000. During August also, the company used OMR120,000 raw materials; OMR60,000 directly on the production process and OMR60,000 related to maintenance of administrative cars. How much balance in the raw materials end of August? Select one: O a. OMR420,000 O b. OMR460,000 O c. OMR580,000 O d. None of the given answers e. OMR520,000
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