BRIAN POGI Co. manufactured the following units: Saleable 10,000 units Unsaleable Normal Loss 400 units Abnormal Loss 600 units Manufacturing costs totaled P198,000. What amount should the entity debit to finished goods?

BRIAN POGI Co. manufactured the following units: Saleable 10,000 units Unsaleable Normal Loss 400 units Abnormal Loss 600 units Manufacturing costs totaled P198,000. What amount should the entity debit to finished goods?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8EB: A production department within a company received materials of $7,000 and conversion costs of $5,000...

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Question

BRIAN POGI Co. manufactured the following units:
Saleable
10,000 units
Unsaleable
Normal Loss
400 units
Abnormal Loss
600 units
Manufacturing costs totaled P198,000.
What amount should the entity debit to finished goods?

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