Direct material used in production OMR 30,000: direct wages incurred OMR 10,000: direct expenses charged...
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Direct material used in production OMR 30,000: direct wages incurred OMR 10,000: direct expenses charged OMR 5,000. The business incurred the total overhead cost of OMR 56,000. The direct labor hours worked was 500 hours. Calculate the overhead absorption rate on the basis of prime cost: A business incurred in its production direct material of OMR 3,000: indirect material OMR 1,000: direct labor OMR 1,000: Indirect labor OMR 500: machine depreciation OMR 800 and factory building depreciation OMR 1,800 during a month. The total fixed manufacturing cost was
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