A manufacturer of a car estimated that the raw materials will have a total cost of ₱400,000. There will be five (5) employees who will work 24 days on a regular eight (8) working hours. Each of them receives a fixed salary of ₱15,000. The POHR based on the total working hours of the employees is ₱200. The cost of the car would be? a. ₱415,200 b. ₱483,000 c. ₱2,800,000 d. ₱667,000

A manufacturer of a car estimated that the raw materials will have a total cost of ₱400,000. There will be five (5) employees who will work 24 days on a regular eight (8) working hours. Each of them receives a fixed salary of ₱15,000. The POHR based on the total working hours of the employees is ₱200. The cost of the car would be? a. ₱415,200 b. ₱483,000 c. ₱2,800,000 d. ₱667,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Am. 112.