17. Combate Company uses a job order cost system and applies factory overhead on the basis of the direct labor cost. The overhead rates for 2020 are 200% for department A and 50% for Department B. Job 123, started and completed during 2020 was charged with the following costs: Department A P25,000 Department B P5,000 Direct materials Direct labor 30,000 Factory overhead 40,000 ? What is the total manufacturing costs associated with Job 123? Peter Senen company manufactures tools to customer specifications. The following data pertain to Job 222 for the month of February: Direct materials used P 4,200 Direct -labor hours worked 300 Direct -labor rate per hour Machine hours used P8.00 200 Applied factory overhead rate per hour P15.00 What is the total manufacturing cost recorded on Job 222 for February?
17. Combate Company uses a job order cost system and applies factory overhead on the basis of the direct labor cost. The overhead rates for 2020 are 200% for department A and 50% for Department B. Job 123, started and completed during 2020 was charged with the following costs: Department A P25,000 Department B P5,000 Direct materials Direct labor 30,000 Factory overhead 40,000 ? What is the total manufacturing costs associated with Job 123? Peter Senen company manufactures tools to customer specifications. The following data pertain to Job 222 for the month of February: Direct materials used P 4,200 Direct -labor hours worked 300 Direct -labor rate per hour Machine hours used P8.00 200 Applied factory overhead rate per hour P15.00 What is the total manufacturing cost recorded on Job 222 for February?
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter2: Job Order Costing
Section: Chapter Questions
Problem 4BE: Applying factory overhead Bergan Company estimates that total factory overhead costs will be 620,000...
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