The following information for the year ended December 31, 2020 is obtained from the books and records of a factory. Particulars Completed Work in Job progress Raw materials supplied RO 70,000 RO 20,000 from stores Wages RO 10,000 RO 5,000 Chargeable expenses RO 15,000 RO 2,500 Material transferred to RO 3,500 work in progress Material returned to stores RO 2,500 Factory overhead is 20% of raw material supplied from stores and office overhead is 40% of factory cost. The price of the executed contracts during 2020 was RO 250,000. Prepare consolidated completed jobs account showing the profit or loss incurred and consolidated work in progress account. After preparing the above statements, MCQS 23, 24, 25 and 26 should be answered. Identify the amount of office overheads shown in work-in-progress account. a. RO 14,280 O b. RO 21,000 O c. RO 17,600 O d. RO 12,600 Identify the total amount of material to be shown in consolidated completed job account. a. RO 70,000 b. RO 67,500 O c. C. RO 66,500 O d. RO 64,000 Find the amount of factory overhead shown in the work-in-progress account. a. RO 3,300 O b. RO 4,700 O c. c. RO 4,000 O d. RO 2,000 Identify the amount of work cost shown in work in progress account. O a. a. RO 31,500 O b. RO 35,700 O c. RO 44,000 O d. RO 61,600