During 2020, the company purchased OMR 1,450,000 of materials, had a direct labor cost of OMR 250,000, and manufacturing overhead was OMR 160,000. The cost of goods sold is:
During 2020, the company purchased OMR 1,450,000 of materials, had a direct labor cost of OMR 250,000, and manufacturing overhead was OMR 160,000. The cost of goods sold is:
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4EB: Masonrys records show the raw materials inventory had purchases of $1,000and an ending raw materials...
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![Bidiyah Sugar Factory had the following data:
Jan. 1, 2020
Dec. 31, 2020
Raw materials inventory
OMR 80,000
OMR 64,000
Work in process inventory
104,000
116,000
Finished goods inventory
100,000
92,000
During 2020, the company purchased OMR 1,450,000 of materials, had a direct labor cost of OMR 250,000, and manufacturing
overhead was OMR 160,000. The cost of goods sold is:
Select one:
O a. 1,684,000
O b. None of the answers are correct
O c. 1,872,000
O d. 1,610,000
Oe. 1,864,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F93ead2e9-b872-4c7b-9099-bcc140a8c886%2Fa21a8690-ed59-494f-b236-7e5dbf4f9a9e%2Fw8ter44_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Bidiyah Sugar Factory had the following data:
Jan. 1, 2020
Dec. 31, 2020
Raw materials inventory
OMR 80,000
OMR 64,000
Work in process inventory
104,000
116,000
Finished goods inventory
100,000
92,000
During 2020, the company purchased OMR 1,450,000 of materials, had a direct labor cost of OMR 250,000, and manufacturing
overhead was OMR 160,000. The cost of goods sold is:
Select one:
O a. 1,684,000
O b. None of the answers are correct
O c. 1,872,000
O d. 1,610,000
Oe. 1,864,000
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