luestions 2-7 are based n the following information: BUHAY Manufacturing Co., has the following data: inventories 1-Jun 30-Jun Raw materials 123,000 187,954 Work in process 324,020 576,691 Finished goods 598,321 793,639 Equipment parts and supplies 89,300 112,729 Other data for the month of June Purchases 412,860 Direct labor 214,108 Direct labor man hours 16,470 Overhead per direct labor man hour P5.50 2 Raw materials used in production amounted to а Р 383,566 ь Р35,301 P 347,906 d. P 382,697 3 Prime cost added to production is P 562,014 ь Р 606,975 P 594,836 P 582,939 a 4 Conversion added to production is p 345,693 P 368,693 P 304,693 P 652,599 a
luestions 2-7 are based n the following information: BUHAY Manufacturing Co., has the following data: inventories 1-Jun 30-Jun Raw materials 123,000 187,954 Work in process 324,020 576,691 Finished goods 598,321 793,639 Equipment parts and supplies 89,300 112,729 Other data for the month of June Purchases 412,860 Direct labor 214,108 Direct labor man hours 16,470 Overhead per direct labor man hour P5.50 2 Raw materials used in production amounted to а Р 383,566 ь Р35,301 P 347,906 d. P 382,697 3 Prime cost added to production is P 562,014 ь Р 606,975 P 594,836 P 582,939 a 4 Conversion added to production is p 345,693 P 368,693 P 304,693 P 652,599 a
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 10P: Aero Aluminum Inc. uses a process cost system. The records for May show the following information:...
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