Duqm Sugar Factory had the following data: Jan. 1, 2019 Dec. 31, 2019 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 2019, 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. 1,610,000 O b. None of the answers are correct O c. 1,872,000 O d. 1,864,000 O e. 1,684,000

Duqm Sugar Factory had the following data: Jan. 1, 2019 Dec. 31, 2019 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 2019, 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. 1,610,000 O b. None of the answers are correct O c. 1,872,000 O d. 1,864,000 O e. 1,684,000

Name: Duqm Sugar Factory had the following data:Jan. 1, 2019Dec. 31, 2019Ra
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Description: Duqm Sugar Factory had the following data:Jan. 1, 2019Dec. 31, 2019Raw materials inventoryOMR 80,000OMR 64,000Work in process inventory104,000116,000Finished goods inventory100,00092,000During 2019, the company purchased OMR 1,450,000 of materials,

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

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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Ellerson Company provided the following information for the last calendar year: During the year, direct materials purchases amounted to 278,000, direct labor cost was 189,000, and overhead cost was 523,000. During the year, 100,000 units were completed. Refer to Exercise 2.21. Last calendar year, Ellerson recognized revenue of 1,312,000 and had selling and administrative expenses of 204,600. Required: 1. What is the cost of goods sold for last year? 2. Prepare an income statement for Ellerson for last year.
During the year, a company purchased raw materials of $77,321, and incurred direct labor costs of $125,900. Overhead is applied at the rate of 75% of the direct labor cost. These are the inventory balances: Compute the cost of materials used in production, the cost of goods manufactured, and the cost of goods sold.
Ellerson Company provided the following information for the last calendar year: During the year, direct materials purchases amounted to 278,000, direct labor cost was 189,000, and overhead cost was 523,000. During the year, 100,000 units were completed. Required: 1. Calculate the total cost of direct materials used in production. 2. Calculate the cost of goods manufactured. Calculate the unit manufacturing cost. 3. Of the unit manufacturing cost calculated in Requirement 2, 2.70 is direct materials and 5.30 is overhead. What is the prime cost per unit? Conversion cost per unit?
Duqm Sugar Factory had the following data: Jan. 1, 2019 Dec. 31, 2019 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 2019, 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. None of the answers are correct O b. 1,864,000 Oc. 1,872,000 O d. 1,684,000 O e. 1,610,000 Next page ENG 08:35 INTL 25/05/2021
Bidiyah Sugar Factory had the following data: Jan. 1, 2019 Dec. 31, 2019 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 2019, 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 manufactured is: Select one: Oa. 1,610,000 O b. 1,864,000 O c. 410,000 O d. 1,684,000 e. None of the answers are correct
Bidiyah Sugar Factory had the following data: Jan. 1, 2019 Dec. 31, 2019 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 2019, 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 manufactured is: Select one: O a. 1,864,000 Ob. 1,684,000 O c. 410,000 O d. 1,610,000 e. None of the answers are correct ENG 08:31 INTL 25/05/20.
Bidiyah Sugar Factory had the following data: Jan. 1, 2019 Dec. 31, 2019 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 2019, 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 manufactured is: Select one: a. 1,684,000 b. 1,610,000 Oc. 1,864,000 O d. 410,000 Oe. None of the answers are correct
Bidiyah Sugar Factory had the following data: Jan. 1, 2019 Dec. 31, 2019 Raw materials inventory RO 80,000 RO 64,000 Work in process inventory 104,000 116,000 Finished goods inventory 100,000 92,000 During 2019, the company purchased RO 1,450,000 of materials, had a direct labor costs of RO 250,000, and manufacturing overhead was RO160,000. The cost of goods manufactured is: Select one: O a. 410,000 O b. 1,684,000 O . None of the answers are correct O d. 1,864,000 O e. 1,610,000
Bidiyah Sugar Factory had the following data: Jan. 1, 2019 RO 80,000 104,000 100,000 Dec. 31, 2019 RO 64,000 116,000 92,000 Raw materials inventory Work in process inventory Finished goods inventory During 2019, the company purchased RO 1,450,000 of materials, had a direct labor costs of RO 250,000, and manufacturing overhead was RO160,000.
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: Oa. None of the answers are correct O b. 1,684,000 O c. 1,610,000 Od. 1,872,000 O e. 1,864,000
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
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. None of the answers are correct Ob. 1,872,000 C. 1,864,000 O d. 1,684,000 O e. 1,610,000 Clear my choice ENG INTL