Items 4 to 9. Compute for the 6 missing items in the records of BFF Manufacturing Company: P 9,300,000 1,200,000 (4) 3,700,000 4,800,000 (5) Sales Direct Materials Used Direct Labor Prime Cost Conversion Cost Manufacturing Overhead 6,200,000 500,000 Cost of Goods Manufactured Work-in Process, Beg. Work-in Process, End. Finished Goods, Beg. (6) (7) 1,200,000 (8) 3,500,000 (9) 2,200,000 Finished Goods, End. Cost of Goods Sold Gross Profit Operating Expenses Net Income

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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4-9
Items 4 to 9. Compute for the 6 missing items in the records
of BFF Manufacturing Company:
Sales
Direct Materials Used
P 9,300,000
1,200,000
Direct Labor
(4)
3,700,000
4,800,000
(5)
Prime Cost
Conversion Cost
Manufacturing Overhead
Cost of Goods Manufactured
6,200,000
Work-in Process, Beg.
Work-in Process, End.
Finished Goods, Beg.
500,000
(6)
(7)
1,200,000
(8)
3,500,000
(9)
2,200,000
Finished Goods, End.
Cost of Goods Sold
Gross Profit
Operating Expenses
Net Income
Use the following information to answer next two (2) questions:
WTF Company has a beginning inventory of direct materials on March 1 of P30,000
and an ending inventory on March 31 of P36,000. The following additional
manufacturing cost data were available for the month of March:
Direct materials purchased
P84,000
60,000
80,000
Direct labor
Factory overhead
Transcribed Image Text:Items 4 to 9. Compute for the 6 missing items in the records of BFF Manufacturing Company: Sales Direct Materials Used P 9,300,000 1,200,000 Direct Labor (4) 3,700,000 4,800,000 (5) Prime Cost Conversion Cost Manufacturing Overhead Cost of Goods Manufactured 6,200,000 Work-in Process, Beg. Work-in Process, End. Finished Goods, Beg. 500,000 (6) (7) 1,200,000 (8) 3,500,000 (9) 2,200,000 Finished Goods, End. Cost of Goods Sold Gross Profit Operating Expenses Net Income Use the following information to answer next two (2) questions: WTF Company has a beginning inventory of direct materials on March 1 of P30,000 and an ending inventory on March 31 of P36,000. The following additional manufacturing cost data were available for the month of March: Direct materials purchased P84,000 60,000 80,000 Direct labor Factory overhead
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