Mallagi Midterm Exam One / Midterm Exam الوقت
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![|M (no subject) - s127095@student.
mpt3D1764895&cmid=875183&page=17
6 ch01 Cost Concepts Garrison 212 X
+
SQU PORTAL ATTENDANCE
مكتبات الجامعة -
خدمات التعلم الإلكتروني -
SQU E-LEARNING SY
Mallagenal ActouitIng - Sprin821
Midterm Exam One / Midterm Exam One / ACCT2121 vasserg Spring21 / l / Aué
الوقت المتبقي 1:29:36
35 J
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 drawn from the storeroom and
used in the production of Job PS5, journalized twice in the accounting records for the use of these
غير مجاب عليه بعد
:materials. Job PS5 has been completed and sold at year end. This error will cause
0.50 dajill
علم هذا السؤال
Finished Goods to be understated by OMR 12,000 at the end of the year
.a O
Cost of Goods Sold to be overstated by OMR 12,000 for the year .b O
Work in Process to be understated by OMR 12,000 at year end
.c O
Finished Goods to be overstated by OMR 12,000 for the year
.d O
None of the given answer is correct
.e O
36 J
Manufacturing overhead was estimated to be OMR 400,000 for the year along with 20,000 direct
labor hours. Actual manufacturing overhead was OMR 415,000, and actual labor hours were 21.000.
?Which of the following would be correct
غير مجاب عليه بعد
الدرجة من 0.80
None of the given answer is correct
a O
علم هذا السؤال](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F15bc240a-2f2e-4ba0-afcc-f1a6341b9e69%2F16889df9-8339-496f-a037-de29bc156132%2Fdc6u7a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:|M (no subject) - s127095@student.
mpt3D1764895&cmid=875183&page=17
6 ch01 Cost Concepts Garrison 212 X
+
SQU PORTAL ATTENDANCE
مكتبات الجامعة -
خدمات التعلم الإلكتروني -
SQU E-LEARNING SY
Mallagenal ActouitIng - Sprin821
Midterm Exam One / Midterm Exam One / ACCT2121 vasserg Spring21 / l / Aué
الوقت المتبقي 1:29:36
35 J
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 drawn from the storeroom and
used in the production of Job PS5, journalized twice in the accounting records for the use of these
غير مجاب عليه بعد
:materials. Job PS5 has been completed and sold at year end. This error will cause
0.50 dajill
علم هذا السؤال
Finished Goods to be understated by OMR 12,000 at the end of the year
.a O
Cost of Goods Sold to be overstated by OMR 12,000 for the year .b O
Work in Process to be understated by OMR 12,000 at year end
.c O
Finished Goods to be overstated by OMR 12,000 for the year
.d O
None of the given answer is correct
.e O
36 J
Manufacturing overhead was estimated to be OMR 400,000 for the year along with 20,000 direct
labor hours. Actual manufacturing overhead was OMR 415,000, and actual labor hours were 21.000.
?Which of the following would be correct
غير مجاب عليه بعد
الدرجة من 0.80
None of the given answer is correct
a O
علم هذا السؤال
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