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thf XYZ Co. has the following information: Inventory at 1st Jan 2020 Inventory at 31st Dec 2020 OMR 20,000 OMR 30,000 Raw Materials Inventory Work
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XYZ Co. has the following information: Inventory at 1st Jan 2020 Inventory at 31st Dec 2020 OMR 20,000 OMR 30,000 Raw Materials Inventory Work in Process Inventory Finished Goods Inventory OMR 15,000 OMR 18.000 OMR 30.000 OMR 20.000 Additional information for the year is as follows: Raw materials purchases OMR 100,000 OMR 75.000 Direct labor OMR 80,000 Manufacturing overhead applied Manufacturing overhead Actual OMR 85.000 Indirect materials OMR O Additional information for the year is as follows: Raw materials purchases OMR 100,000 Direct labor OMR 75,000 OMR 80,000 Manufacturing overhead applied Manufacturing overhead Actual OMR 85,000 Indirect materials OMR a Compute the adjusted cost of goods sold. O a. OMR 247,000 O b. OMR 252,000 O.. None of the given answer is correct od OMR 258.000 OMR 257.000 Step by Step Solution
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