X Company's Job AAA manufactured 12,000 units that were completed in April at unit costs presented as follows: Direct materials P300 Direct labor 270 Factory overhead (excluding allowance of P15 For spoiled work) 225 Final inspection of Job AAA disclosed 1,200 spoiled units, which were sold for P300,000.
X Company's Job AAA manufactured 12,000 units that were completed in April at unit costs presented as follows: Direct materials P300 Direct labor 270 Factory overhead (excluding allowance of P15 For spoiled work) 225 Final inspection of Job AAA disclosed 1,200 spoiled units, which were sold for P300,000.
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 9E: AAA Appliances Inc. has two production departments. The nature of the process is such that no units...
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7. What would be the selling price per unit if the spoilage loss is common to Job AAA and the company maintains a 40% mark-up on cost?
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