Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. indirect material used in production omr 25,000: i

Indirect material used in production OMR 25,000: indirect wages incurred OMR 15,000: indirect other expenses...

70.2K

Verified Solution

Question

Accounting

image
image
image
Indirect material used in production OMR 25,000: indirect wages incurred OMR 15,000: indirect other expenses charged OMR 10,000. The direct labor hours worked was 2,000 hours. Calculate the absorption rate on the basis of direct labor hours. Done OMR 10 OMR 15 OMR 20 OMR 25 A business incurred in its production material of OMR 5,000: labor cost OMR 7,000: machine depreciation OMR 4,000 and factory building depreciation OMR 6,000 during a month. The total fixed manufacturing cost was: Done OMR 7,000 OMR 22,000 OMR 17,000 OMR 10,000 The output of workers is A - 200 units and B-250 units. The standard production set by company is 40 units per hour. The working hours in a day are 7. A's performance would be: Done 71.428% 132.563 % 89.285 % 163.456 %

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students