23. Senen Company provided the following data for the month ended October 31, 2020: Direct labor (2,000 hours P40/hr) Inventories, October 1 Raw materials P80,000 Work in process Finished goods Inventories, October 31 48,000 55,000 81,500 40,000 62,000 90,200 204,300 Factory overhead is applied at P36 per direct labor hour. Raw materials Work in process Finished goods Cost of goods sold Senen made total purchases of what amount?
23. Senen Company provided the following data for the month ended October 31, 2020: Direct labor (2,000 hours P40/hr) Inventories, October 1 Raw materials P80,000 Work in process Finished goods Inventories, October 31 48,000 55,000 81,500 40,000 62,000 90,200 204,300 Factory overhead is applied at P36 per direct labor hour. Raw materials Work in process Finished goods Cost of goods sold Senen made total purchases of what amount?
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 3EA: A company estimated 100,000 direct labor hours and $800,000 in overhead. The actual overhead was...
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