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XYZ Co. has provided the following data for the month of June. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing
XYZ Co. has provided the following data for the month of June. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current .month Cost of Goods Sold Work In Finished Goods Process 61.880 OMR 8,450 OMR3,440 OMR Direct materials 119,000 OMR 16,250 OMR6.160 OMR Direct labor 45,650 OMR 6.050 OMR 3.300 OMR Manufacturing overhead applied Manufacturing overhead for the month was overapplied by OMR 7.000 The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts The cost of goods sold for June after allocation of any underapplied or overapplied manufacturing overhead for the month is (rounded to nearest OMR) OMR 232,293 a OMR 231,676 b (D OMR 220,084 cm None of the given answer is correct OMR 220,720
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