Question
During June, XYZ Company incurred OMR 95,000 of actual Manufacturing Overhead and actual labor hours were 15,000. During the same period, the Manufacturing Overhead was
During June, XYZ Company incurred OMR 95,000 of actual Manufacturing Overhead and actual labor hours were 15,000. During the same period, the Manufacturing Overhead was estimated to be OMR 90,000 for the period along with 20,000 direct labor hours. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a: O a. credit to Manufacturing Overhead of OMR 67,500 b. debit to VWork in Process of OMR 71,250 credit to Work in Process of OMR 71,250 d. None of the given answer is correct e. debit to Manufacturing Overhead of OMR 95,000
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