Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 4 Not yet answered Marked out of 1.00 P Flag question Al Hadhrami Furniture LLC has completed production of 20,000 units in the month

image text in transcribed

image text in transcribed

image text in transcribed

Question 4 Not yet answered Marked out of 1.00 P Flag question Al Hadhrami Furniture LLC has completed production of 20,000 units in the month of January and the units are transferred to stores, 10,000 units of Work in process on 31st January was available which are equal to 30% completed units and 20,000 units of Work in process on 1st January which is equal to 72% competed units. You are required to assume that beginning work in progress is 20% completed and find the total number of equivalent units for the month of January. a. 19,000 units O b. 6,800 units O c. 8,600 units O d. 91,000 units Abnormal efficiency is also classified as: Question 5 Not yet answered Marked out of 1.00 a. Abnormal waste O b. Abnormal scrap c. Abnormal gain d. Abnormal loss P Flag question Question 12 Not yet answered Marked out of 1.00 P Flag question During June 2019, Nizwa Production LLC expected Job No 5 to apply RO 50,000 of factory overhead, RO 20,000 of direct materials, and RO 5,000 of direct labor. But the actual production required a factory overhead of RO 58,000, direct material of RO 45,000, direct labor of RO 2,000, depreciation of RO 5,000. There is now work in progress. How much is the amount of over or under applied factory overheads for Job No 5? O a. RO 8,000 over applied O b. RO 8,000 under applied O C. RO 13,000 under applied O d. RO 13,000 over applied Question 20 Not yet answered Marked out of 1.00 Flag question Mr. Khalaf is a store's manager in Zayid Manufacturing & Trading LLC. During the month of November 2020, Zayid Manufacturing received an order from a customer. The order has been processed and the finished goods are transferred to the stores. During the production, in one process there was a normal loss of 25 units & abnormal loss of 50 units, the total cost incurred in the process was RO 5,000, the normal loss is estimated at RO 10 per unit, abnormal loss value was estimated at RO 1,187.5. The production manager requested you to estimate the number of input units issued to the process. O a. 200 units O b. 275 units O c. 225 units O d. 250 units

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

Students also viewed these Accounting questions