PAMELA Manufacturing Company uses a job order cost system. The following debits (credits) appeared in Work in Process for the month of August: August 1 P40,500 Charges during August: Direct materials 243,000 Direct labor 162,000 Factory overhead 129,600 Debits to Finished goods 486,000 PAMELA Manufacturing applies overhead to production at a predetermined rate of 8 of direct labor cost Job XXX, which was started during August and is the only job sti process at the end of August, has been charged direct labor of P20,250. The amount of direct materials charged to Job XXX is

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter5: Product And Service Costing: Job-order System
Section: Chapter Questions
Problem 21E: Lorrimer Company has a job-order cost system. The following debits (credits) appeared in the...
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PAMELA Manufacturing Company uses a job order cost system. The following debits
(credits) appeared in Work in Process for the month of August:
August 1
P40,500
Charges during August:
Direct materials
243,000
Direct labor
162,000
Factory overhead
129,600
Debits to Finished goods
486,000
PAMELA Manufacturing applies overhead to production at a predetermined rate of 80%
of direct labor cost Job XXX, which was started during August and is the only job still in
process at the end of August, has been charged direct labor of P20,250.
The amount of direct materials charged to Job XXX is
Transcribed Image Text:PAMELA Manufacturing Company uses a job order cost system. The following debits (credits) appeared in Work in Process for the month of August: August 1 P40,500 Charges during August: Direct materials 243,000 Direct labor 162,000 Factory overhead 129,600 Debits to Finished goods 486,000 PAMELA Manufacturing applies overhead to production at a predetermined rate of 80% of direct labor cost Job XXX, which was started during August and is the only job still in process at the end of August, has been charged direct labor of P20,250. The amount of direct materials charged to Job XXX is
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