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XYZ Company provided the following information regarding Product XY: Direct material costs OMR3 per unit of product Direct labor costs OMR5 per direct labor hourPredetermined

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XYZ Company provided the following information regarding Product XY: Direct material costs OMR3 per unit of product Direct labor costs OMR5 per direct labor hourPredetermined overhead rate OMR10 per direct labor hour. The cost of a job for 550 units of product XY, which uses a total of 170 direct labor hours, is: Select one: a. OMR6,100 b. OMR4,050 c. None of the answers given d. OMR9,900 e. OMR4,200 XYZ industries applies overhead based on direct labor cost. The following information was available for the last year: Actual manufacturing overhead OMR50,000: Underapplied manufacturing overhead OMR10,400; Actual Prime cost OMR52,000; Actual Direct material cost OMR19,000; Estimated direct labor cost OMR41,000. What was the estimated manufacturing overhead for the year? Select one: a. None of the answers given b. OMR46,800 c. OMR49,200 d. OMR51,600 e. OMR39,600 Company XYZ produced and sold 5,500 units. The selling price per unit was OMR8. The variable manufacturing cost per unit was OMR4. The variable selling and administrative expenses per unit was OMR2, The total fixed expenses were OMR2,000. Calculate the total contribution margin. Select one: a. OMR44,000 b. OMR22,000 c. OMR42,000 d. OMR11,000 e. OMR9,000 XYZ Company has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate (POHR) in each department. The Machining Department's POHR is based on machine-hours (Mhrs) and the Customizing Department's POHR is based on direct labor-hours (DLH). At the beginning of the current year, the company estimated the following yearly Murs and DLH to be used in each department: 20,000 Mhrs and 15,000 DLH in the Marching Department; 10,000 Mhrs and 25,000 DLH in the Customizing Department. The company also estimated the yearly total manufacturing overhead cost in each department: OMR150,000 in the Machining Department and OMR100,000 in the Customizing Department. During the year, Job XY incurred the following number of hours in each department: 38 Mhrs and 30 DLH in the Machining Department; and 80 Mhrs and 50 DLH in the Customizing Department. What is the total amount of manufacturing overhead that should be applied to Job XY during the year? Select one: a. OMR545 b. OMR485 c. None of the answers given d. OMR545 e. OMR515

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