Question
Direct material used in production OMR 30,000: direct wages incurred OMR 10,000: direct expenses charged OMR 5,000. The business incurred the total overhead cost of
Direct material used in production OMR 30,000: direct wages incurred OMR 10,000: direct expenses charged OMR 5,000. The business incurred the total overhead cost of OMR 56,000. The direct labor hours worked was 500 hours.
Calculate the overhead absorption rate on the basis of prime cost.?
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
