Durian Company has the following data on April 30, 2008:April manufacturing overhead P30, 101.80A decrease in ending inventories: Materials P2, 430. 00 Goods in process P590. 00Increase in ending inventory Finished Goods P1, 320.40 The manufacturing overhead amounts to 50% of the direct labor, and the direct labor and manufacturing overhead combined equal 50% of the total cost of manufacturing. All materials are purchased FOB shipping pointWhat is the cost of goods manufactured?P180, 610. 80P182, 300. 00P181, 200. 80P183, 200. 80

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Answered: What is the cost of goods manufactured?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 23E: Orinder Company provided the following information for the last calendar year: During the year,...

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Durian Company has the following data on April 30, 2008:

April manufacturing overhead P30, 101.80

A decrease in ending inventories:

Materials P2, 430. 00

Goods in process P590. 00

Increase in ending inventory

Finished Goods P1, 320.40

The manufacturing overhead amounts to 50% of the direct labor, and the direct labor and manufacturing overhead combined equal 50% of the total cost of manufacturing. All materials are purchased FOB shipping point

What is the cost of goods manufactured?

P180, 610. 80
P182, 300. 00
P181, 200. 80
P183, 200. 80

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