Pia Manufacturing Company has developed the following overhead cost formulas: (refer to image) Based on these cost formulas. The total overhead cost expected if 200 machine hours are worked is: * Cost Formula Depreciation P500 Set up P400 plus PO.20 per machine-hour P50 plus PO.25 per machine-hour PO.40 per machine-hour Lubrication Utilities О a. Р620 O b. P900 O c. P170 O d. P1,120

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Pia Manufacturing Company has
developed the following overhead
cost formulas: (refer to image)
Based on these cost formulas. The
total overhead cost expected if
200 machine hours are worked is:
Cost Formula
Depreciation
P500
Set up
P400 plus PO.20 per machine-hour
P50 plus PO.25 per machine-hour
PO.40 per machine-hour
Lubrication
Utilities
a. P620
b. P900
c. P170
d. P1,120
Transcribed Image Text:Pia Manufacturing Company has developed the following overhead cost formulas: (refer to image) Based on these cost formulas. The total overhead cost expected if 200 machine hours are worked is: Cost Formula Depreciation P500 Set up P400 plus PO.20 per machine-hour P50 plus PO.25 per machine-hour PO.40 per machine-hour Lubrication Utilities a. P620 b. P900 c. P170 d. P1,120
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