Extracted text: Microsoft Office Home 6 ch01 Cost Concepts Garrison 212 X M (no subject) - 5127095@student 1764895&cmid%3D875183&page%=1 SQU E SQU PORTAL ATTENDANCE الوقت المتبقي 2:01:25 A Company uses a job order costing system and allocates its manufacturing overhead costs based on direct labor costs. The Company's production costs for the year were: direct labor, $80,000; direct :materials, $40,000; and factory overhead applied $20,000. The predetermined overhead rate was 4% .a O .200% b O 50% .C O 25% d O %.400 .e O Ali is currently working as a human resource manager for a company and earns a good salary. He is planning to pursue a Master of Business Administration (MBA) degree. He recently received an offer from University A, which included the cost of tuition fees. If Ali decided to go for the MBA study, his t his calary At the same time if Ali completod bic NMR greo he wOuld
Extracted text: arrison 21 O Microsoft Office Home M (no subject) - s127095@student. O ch01 Cost Concepts Garrison 21 Pattempt=1764895&cmid=875183&page=2 خدمات التعلم الإلكتروني - SQU E SQU PORTAL ATTENDANCE الوقت المتبقي 4 0:4 2:0 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 Work In Cost of Goods Sold Finished Goods Process 61,880 OMR 8,450 OMR 3,440 OMR Direct materials 119,000 OMR 16,250 OMR 6,160 OMR Direct labor Manufacturing overhead applied 45,000 OMR 6.050 OMR 3,300 OMR Manufacturing overhead for the month was underapplied 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) None of the given answer is correct .a O OMR 231,676 b O OMR 232,293 cO OMR 220,084 d O OMR 220,720 e O A Company uses a job-order costing system with a single plantwide predetermined overhead rate based on labor-hours. The company based its predetermined overhead rate for the current year on total estimated manufacturing overhead cost of $120.000 and 6.000