Job 456 manufactured 12,000 units that were completed in February at unit costs presented as follows: Direct materials P35 Direct labor 28 Factory overhead (includes an allowance of P15 Spoiled work) 29 Final inspection of Job 456 disclosed 125 spoiled units, which were sold for P22,500. What would be the unit cost of good units if the spoilage loss is attributable to exacting specifications of Job 001?
Job 456 manufactured 12,000 units that were completed in February at unit costs presented as follows: Direct materials P35 Direct labor 28 Factory overhead (includes an allowance of P15 Spoiled work) 29 Final inspection of Job 456 disclosed 125 spoiled units, which were sold for P22,500. What would be the unit cost of good units if the spoilage loss is attributable to exacting specifications of Job 001?
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter15: Lean Accounting And Productivity Measurement
Section: Chapter Questions
Problem 2CE: During the week of June 12, Harrison Manufacturing produced and shipped 15,000 units of its aluminum...
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Job 456 manufactured 12,000 units that were completed in February at unit costs presented as follows:
Direct materials P35
Direct labor 28
Factory overhead (includes an allowance of P15
Spoiled work) 29
Final inspection of Job 456 disclosed 125 spoiled units, which were sold for P22,500.
What would be the unit cost of good units if the spoilage loss is attributable to exacting specifications of Job 001?
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