User Account

All Pages

What is the cost of direct materials used

Assignment Help Accounting Basics
Reference no: EM132736112

Problem - Beginning raw materials inventory was OMR85,000. During the month, OMR175,000 of raw materials was purchased. A count at the end of the month revealed that OMR54,000 of RM was still present. The cost of indirect materials used during the month was OMR 15,000. What is the cost of direct materials used?

a. OMR181,000

b. OMR206,000

c. OMR119,000

d. None of the answers given

Reference no: EM132736112

Questions Cloud

Discuss types of strategic management accounting techniques : Identify and critically discuss the types of the strategic management accounting techniques that manufacturing industry used in attaining business
Briefly discuss stereotypes and prejudice : Briefly discuss Stereotypes and Prejudice and its interconnectivity to Diversity - specifically within the workplace
Calculate the buyer open-to-buy at retail : Calculate the buyer's open-to-buy at retail for the remaining dates of Feb. provided that she has $123,700.00 worth of merchandise on order
What are challenges to mobile forensics : What is the percentage of attacks on networks that come from mobile devices? What are challenges to mobile forensics?
What is the cost of direct materials used : Beginning raw materials inventory was OMR85,000. The cost of indirect materials used during the month was OMR 15,000. What is the cost of direct materials used
What other economic factors may impact decision to expand : Discuss how comparative analysis, trade restrictions, tariffs, and exchange rates of your chosen country (New Zealand) will impact the decision to expand.
Do you have any suggestions of further connections : Do the sections in the paper thus far connect well to the thesis? How do they add insight to the thesis? Do you have any suggestions of further connections?
Calculate the wacc which represents the hurdle rate : Calculate the WACC which represents the "hurdle rate" for a typical project with average risk using the average rate of the range of the marginal cos
How the balance of payments can influence exchange rates : For your initial post, first discuss how the balance of payments can influence exchange rates and purchasing power. Then take a position either for or against.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd