Exercise #2: COMPLETE ME Directions: Fill-in the missing items on the table. Consider the estimates below. HAKDOG CORPORATION PROJECTED MONTHLY COSTS ΜΟΝΤΗ January February March April May June COGS EXPENSE July November ΜΟΝΤΗ COGS August September October December EXPENSE Information for the month of January: Electric Expense Miscellaneous Expense Internet Expense P15, 000 P5, 000 P10, 000 Beginning inventory for January is P20, 000 while ending inventory is P5, 000. The total of purchases during January is P27, 000 and freight-in is P13, 000.

Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter19: Variable Costing (varcost)
Section: Chapter Questions
Problem 2R: Open the file VARCOST from the website for this book at cengagebrain.com. Enter the formulas where...
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A ENTREPRENEURSHIP_LAS_2nd-C x
O File | C:/Users/user/Downloads/ENTREPRENEURSHIP_LAS_2nd-QUARTER-for-printing.pdf
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Exercise #2: COMPLETE ME
Directions: Fill-in the missing items on the table. Consider the estimates below.
HAKDOG CORPORATION
PROJECTED MONTHLY COSTS
MONTH
January
February
March
April
May
June
СOGS
ΕXPENSE
MONTH
July
August
September
October
November
December
СOGS
ΕXPENSE
Information for the month of January:
Electric Expense
Miscellaneous Expense
Internet Expense
P15, 000
P5, 000
P10, 000
Beginning inventory for January is P20, 000 while ending inventory is P5, 000. The total of purchases during
January is P27, 000 and freight-in is P13, 000.
Additional information: Past experience shows the following monthly estimates:
February to May Increase of 5% from previous cost
June Increase of 10% from previous cost
July Increase of 5% from previous cost
August The same from previous cost
• September to October Decrease 5% from previous cost
November Increase 5% from previous cost
December Derease 10% from previous cost
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30°C Haze
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12/1/2021
Transcribed Image Text:po GENERAL-PHYSICS-1_Q2_LAS.pd x GENERAL-PHYSICS-1_Q2_LAS.pc x A ENTREPRENEURSHIP_LAS_2nd-C x O File | C:/Users/user/Downloads/ENTREPRENEURSHIP_LAS_2nd-QUARTER-for-printing.pdf ... + Page view A Read aloud T Add text V Draw Y Highlight O Erase 15 of 29 Exercise #2: COMPLETE ME Directions: Fill-in the missing items on the table. Consider the estimates below. HAKDOG CORPORATION PROJECTED MONTHLY COSTS MONTH January February March April May June СOGS ΕXPENSE MONTH July August September October November December СOGS ΕXPENSE Information for the month of January: Electric Expense Miscellaneous Expense Internet Expense P15, 000 P5, 000 P10, 000 Beginning inventory for January is P20, 000 while ending inventory is P5, 000. The total of purchases during January is P27, 000 and freight-in is P13, 000. Additional information: Past experience shows the following monthly estimates: February to May Increase of 5% from previous cost June Increase of 10% from previous cost July Increase of 5% from previous cost August The same from previous cost • September to October Decrease 5% from previous cost November Increase 5% from previous cost December Derease 10% from previous cost Activate Windows Go to Settings to activate Windows. 5:54 PM P Type here to search 30°C Haze Hi 12/1/2021
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