32000 Question 4: XYZ Co. had the following information in 2020: Sales 150000 COGS 80000 Operating expenses (excluding depreciation) Interest expense 8000 Taxes 3000 Increase in Accounts receivable Decrease in inventory 4000 Increase in Accounts payable Decrease in other payables Increase in interest payable Decrease in tax payable 1000 7000 5000 3500 2000 Prepare operating cash flows using direct method. XYZ Company has the following records for the period ended 31 December 2020 Material purchased OMR 120000 Purchase returns of raw materials OMR6000 Factory maintenance OMR 7500 Salary of office staff OMR 21400 Power and heat-factory OMR 4500 OMR 2000 Insurance expense--factory Depreciation-factory building and equipment Purchase Expenses on raw material OMR 8500 OMR 1500 OMR 8000 Insurance expense-Office Depreciation Office building OMR 19000 Advertisement expenses OMR 8000 I Inventories, 1 January 2020: Raw Materials OMR 5000 Direct labor OMR 60000 Direct Expenses OMR 9000 Inventories, 31 December 2020: Raw Material OMR 8000 ? What is the Production Cost (Cost of production) for XYZ Company ?What will be the Prime Cost of the company, if the following information is given Material purchased OMR 175000, freight in OMR 2500, purchase returns OMR 5500, Opening inventory of materials OMR 5000, Wages paid to workers OMR 60000, Direct chargeable expenses OMR 15000, closing inventory of materials OMR 8000, other factory expenses OMR 12500, opening inventory of finished goods OMR 12000 and closing inventory of finished goods OMR 10000 a. OMR 258500 O OMR 169000 0 C. OMR 244000 d. OMR 256500