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DC None of the given answer. Od 55,470 XYZ company uses a job order costing system. In reviewing its records at the end of the
DC None of the given answer. Od 55,470 XYZ company uses a job order costing system. In reviewing its records at the end of the year, the company has discovered that OMR 12,000 of raw materials has been drawn from the storeroom and used in the production of Job P55, but that no entry has been made in the accounting records for the use of these materials. Job PSS has been completed and sold at year end. This error will cause: O a Cost of Goods Sold to be understated by OMR 12.000 for the year. O b. Finished Goods to be understated by OMR 12,000 at the end of the year. Oc None of the given answer is correct d. Work in Process to be understated by OMR 12.000 at year end. De Cost of Goods Manufactured to be overstated by OMR 12.000 for the year NEXT PAGE US PAGE
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