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Question 4 Not yet answered Marked out of 0.80 XYZ Company has two production departments, Machining and Customizing. The company uses a job-order costing system
Question 4 Not yet answered Marked out of 0.80 XYZ Company has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate (POHR) in each department. The Machining Department's POHR is based on machine-hours (Mhrs) and the Customizing Department's POHR is based on direct labor-hours (DLH). At the beginning of the current year, the company estimated the following yearly Mhrs and DLH to be used in each department 20,000 Mhes and 15,000 DLH in the Marching Department; 10,000 Mhrs and 25,000 DLH In the Customizing Department. The company also estimated the yearly total manufacturing overhead cost in each department: OMR 150,000 in the Machining Department and OMR100,000 in the Customizing Department. During the year, Job XY incurred the following number of hours in each department: 38 Mhrs and 30 DLH in the Machining Department; and 80 Mhrs and 50 DLH in the Customizing Department. What is the total amount of manufacturing overhead that should be applied to Jab XY during the year? F. Flag qution Select one: a OMR545 b. OMR485 c. OMR545 d. None of the answers given - OMR515 Q5 XYZ Company uses normal costing. Following are various cost and inventory data for the just completed year: Sales revenue OMR 390,000; Adjusted gross profit OMR175,000; Selling and admin expenses OMR145,000; Overapplied overhead OMR 15.000 Prime costs OMR 155,000; Work in process inventory has increased by OMR10,000 Finished goods inventory has decreased by OMR20,000. How much is the manufacturing overhead costs applied to work in Drooss during the year Select one a. None of the answers given OMR75,000 OMRE.000 d. O,000 OMRO5,000
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