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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

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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 draatrom the storeroom and used in the production of Job P55, journalized twice in the accounting records for the use of these materials. Job PSS has been completed but it is unsold at your end. This error will cause: Om Finished Goods to be understated by OMR 12,000 at the end of the year. Ob Work in Process to be understated by OMR 12,000 at year end. Oc Cont of Good Sold to be overstated by OMR 12,000 for the year. Od. None of the ven answer is correct O e Finished Goods to be overstated by OMR 12,000 for the year

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