Activity: Compute Prime/Conversion/Product/ Period costs The financial statements of Mother G Company included these items: Marketing costs P160,000 Direct labor cost 245,000 Administrative costs 145,000 Direct materials used 285,000 Fixed factory overhead costs 175,000 Variable factory overhead costs 155,000

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 12EA: What are the total costs to account for if a companys beginning inventory had $231,432 in materials,...
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Activity: Compute Prime/Conversion/Product/ Period costs
The financial statements of Mother G Company included these items:
Marketing costs
P160,000
Direct labor cost
245,000
Administrative costs
145,000
Direct materials used
285,000
Fixed factory overhead costs
175,000
Variable factory overhead costs
155,000
Transcribed Image Text:Activity: Compute Prime/Conversion/Product/ Period costs The financial statements of Mother G Company included these items: Marketing costs P160,000 Direct labor cost 245,000 Administrative costs 145,000 Direct materials used 285,000 Fixed factory overhead costs 175,000 Variable factory overhead costs 155,000
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