he following information is obtained from the company’s records for 2014: a. Total manufacturing costs, P8,000,000 b. Cost of finished goods manufactured, P7,920,000 c. Manufacturing overhead applied, P3,600,000 d. Manufacturing overhead was applied to production at a rate of 200% of direct labor costs e. The peso amount of work in process inventory on January 1, 2014 was P320,000. What is the peso amount of work in process inventory on December 31, 2014? a. P400,000 b. P800,000 c. P500,000 d. P320,000

Lakeside Company estimated manufacturing overhead costs for 2014 at $390,000, based on 160,000 estimated direct labor hours. Actual direct labor hours for 2014 totaled 195,000. The manufacturing overhead account contains debit entries totaling $391,500. The manufacturing overhead for 2014 was: (Round your intermediate calculations to one decimal place)

Selected data for Lemon Grass Company for 2015 is provided below:   Factory Utilities $ 1,500 Indirect Materials Used 37,500 Direct Materials Used 300,000 Property Taxes on Factory Building 6,900 Sales Commissions 85,000 Indirect Labor Incurred 25,000 Direct Labor Incurred 150,000 Depreciation on Factory Equipment 6,500   What is the total factory overhead? A) $450,000 B) $612,000 C) $77,400 D) $62,400

Statement of Cost of Goods Manufactured and Income StatementInformation from the records of the Bridgeview Manufacturing Company for August 2017 follows: Sales $313,000 Selling and administrative expenses 127,500 Purchases of raw materials 43,000 Direct labor 30,000 Manufacturing overhead 53,500       Inventories     August 1 August 31 Raw materials   $ 6,000 $ 5,000 Work-in-process   12,000 11,000 Finished goods   15,000 17,000 RequiredPrepare a statement of cost of goods manufactured and an income statement for August 2017.Do not use negative signs with any of your answers below. Bridgeview Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ending August 31, 2017 Current manufacturing costs:       Cost of materials placed in production:       Raw materials, 8/1/17 Answer     Purchases Answer     Total available Answer     Raw materials, 8/31/17 Answer Answer   Direct labor   Answer…