Instructions

Which of the following is an administrative expense?

Select one:

a. None of the answers are correct

b. OMR 105,000

c. OMR 210,600

d. OMR 174,400

e. OMR 522,000

Presented below is information related to Muscat Company at December 31, 2019, the year ended December 31, 2019 (There was no change during the year in the 12,000 shares of common stock outstanding.) 14,400 Sales revenue OMR Dividends 1,100,000 declared Rent revenue 30,000 Depreciation 70,000 on plant assets (60% selling, 40% administrative) Interest 17,000 expense Accumulated 44,000 Depreciation- Building Sales 30,000 Discounts Accumulated 37,000 Depreciation- Equipment Interest 17,000 expense Accumulated 44,000 Depreciation- Building Sales 30,000 Discounts Accumulated 37,000 Depreciation- Equipment Cash 82,000 448,00 Cost of Goods Sold 95,000 Sales returns 100,000 Sales- and Wages and allowances salaries 11,400 Income taxes 45,000 supplies - sales administrative 135,900 Other 46,700 Wages and administrative salaries expenses 20,000 6,000 Advertising expense Shipping supplies and expense 11,400 Income taxes 45,000 supplies- sales administrative 135,900 Other 46,700 Wages and administrative salaries expenses 20,000 6,000 Advertising expense Shipping supplies and expense