Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Direct material used in production OMR 45,000: direct wages incurred OMR 18,500: direct expenses charged OMR 12,500 and machine usage is 1,200 hours. The business

image text in transcribed
Direct material used in production OMR 45,000: direct wages incurred OMR 18,500: direct expenses charged OMR 12,500 and machine usage is 1,200 hours. The business incurred the total overhead cost of OMR 24,000. The direct labor hours worked was 800 hours. Calculate the absorption rate on the basis of machine hours

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started