Items 1 and 2 are based on the following data of Matatag Company for the month of March 2020: March 1 P 40,000 25,000 60,000 March 31 P 50,000 35,000 70,000 Materials Work in process Finished goods March 1 to 31, 2020 Direct labor cost Factory overhead applied Cost of goods sold 120,000 108,000 378.000

Items 1 and 2 are based on the following data of Matatag Company for the month of March 2020: March 1 P 40,000 25,000 60,000 March 31 P 50,000 35,000 70,000 Materials Work in process Finished goods March 1 to 31, 2020 Direct labor cost Factory overhead applied Cost of goods sold 120,000 108,000 378.000

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter1: Introduction To Managerial Accounting

Section: Chapter Questions

Problem 15E: Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone...

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