Time left 1:00 XYZ company uses a job-order costing system. In reviewing its records at the end of the year, the company has discovered that OMR 12,000 of raw materials has been drawn from the storeroom and used in the production of Job PSS, but that no entry has been made in the accounting records for the use of these materials. Job PSS has been completed but it is unsold at year end. This error will cause: Oa Cost of Goods Manufactured to be overstated by OMR 12,000 for the year. O b. Finished Goods to be understated by OMR 12.000 at the end of the year. Oc None of the given answer is correct Od Cost of Goods Sold to be overstated by OMR 12,000 for the year. Oe Work in Process to be understated by OMR 12,000 at year end. The total conversion cost for company XYZ was five times the prime cost. The direct labor cost was $40,000 while the direct materials cost was $20,000. How much was the manufacturing overhead cost ($)? O a. 280.000 Ob. 300.000 Oc 100,000 O d. None of the given answers O e. 260.000