Cuerva Company has the following data on April 30, 2017: April manufacturing overhead P30,101.80 2,430.00 Decrease in Materials Inventories Decrease in Work in Process Inventories 590.00 Increase in Finished Goods Inventories 1,320.40 The manufacturing overhead amounts to 50% of direct labor, and the direct labor and manufacturing overhead combined equal 50% of total cost of manufacturing. Required: 14. Total manufacturing cost. 15. Cost of goods manufactured.
Cuerva Company has the following data on April 30, 2017: April manufacturing overhead P30,101.80 2,430.00 Decrease in Materials Inventories Decrease in Work in Process Inventories 590.00 Increase in Finished Goods Inventories 1,320.40 The manufacturing overhead amounts to 50% of direct labor, and the direct labor and manufacturing overhead combined equal 50% of total cost of manufacturing. Required: 14. Total manufacturing cost. 15. Cost of goods manufactured.
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter5: Process Cost Accounting—general Procedures
Section: Chapter Questions
Problem 6E: The records of Burris Inc. reflect the following data: Work in process, beginning of month2,000...
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14. Total
15. Cost of goods manufactured.
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