Question1: Muscat Corporation has the following cost records for January 2019. Indirect factory labor OMR 14,300...

Question1: Muscat Corporation has the following cost records for January 2019. Indirect factory labor OMR 14,300 Factory utilities OMR 10,100 Raw materials purchases 152,500 Factory repairs 12,600 Raw materials inventory 1/1/2019 16,700 Depreciation, factory equipment 9,440 Raw materials inventory, 1/31/19 22,800 Direct labor 175,600 Work in process, 1/1/2019 18,400 Factory insurance 8,360 Work in process, 1/31/19 25,200 Advertising costs 5,000 Finished goods, 1/1/19 5,000 Sales commissions 3,500 Finished goods, 1/31/19 7,500 Cost of shipping 2,500 Instructions: Prepare a cost of goods manufactured schedule for January 2019. Muscat Corporation Cost of Goods Manufactured Schedule For the Month Ended January 31, 2019

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The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.

ekkarill92 answered 1 year ago

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