Product Cost?
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Based from the given data, answer the following questions. Show your computations.
G Toy Shop manufactures children's plush toys and incurred the following during the process: (The following are within one month of production with 980 total manufactured plush toys).
P 150,000 for materials such as cloth, pile textiles and stuffing materials
P 10,000 for threads and accessories
P 12,000 building rental
P 45,000 salaries of 5 factory workers
P 10,000 security guard salary
P 5,500 depreciation of machines and equipment
4) What is the amount of Direct labor?
a. P55,000
b. P10,000
c. P45,000
d. P0.00
5) What is the amount of
a. P20,000
b. P17,500
c. P25,500
d. P5,500
6) What is the amount of the Product Cost?
a. P242,500
b. P245,000
c. P232,500
d. 240,500
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- Based from the given data, answer the following questions. Show your computations. G Toy Shop manufactures children's plush toys and incurred the following during the process: (The following are within one month of production with 980 total manufactured plush toys). P 150,000 for materials such as cloth, pile textiles and stuffing materials P 10,000 for threads and accessories P 12,000 building rental P 45,000 salaries of 5 factory workers P 10,000 security guard salary P 5,500 depreciation of machines and equipment 10) What is the amount of Manufacturing Overhead Costs? a. P37,500 b. P30,000 c. P45,500 d. P22,000Based from the given data, answer the following questions. Show your computations.G Toy Shop manufactures children's plush toys and incurred the following during the process: (The following are within one month of production with 980 total manufactured plush toys).P 150,000 for materials such as cloth, pile textiles and stuffing materialsP 10,000 for threads and accessoriesP 12,000 building rentalP 45,000 salaries of 5 factory workersP 10,000 security guard salaryP 5,500 depreciation of machines and equipment7) What is the amount of Indirect Labor? a. P10,000 b. P0.00 c. P55,000 d. P45,000 8) What is the selling price if the mark up is 75%? a. P415.00 b. P429.00 c. P420.00 d. P592.00 9) What is the percentage of mark-up used if the selling price is P499.00? a. 111% b. 69% c. 53% d. 104%Based from the given data, answer the following questions. Show your computations.G Toy Shop manufactures children's plush toys and incurred the following during the process: (The following are within one month of production with 980 total manufactured plush toys).P 150,000 for materials such as cloth, pile textiles and stuffing materialsP 10,000 for threads and accessories P 12,000 building rentalP 45,000 salaries of 5 factory workersP 10,000 security guard salaryP 5,500 depreciation of machines and equipment1) What is the amount of Direct Materials? a. P160,000 b. P150,000 c. P170,000 d. P10,000 2) What is the amount of the Unit Cost? a. P245 b. P237 c. P250 d. P238 3) What is the amount of indirect materials? a. P160,000 b. P10,000 c. P 0.00 d. P150,000 4) What is the amount of Direct labor? a. P55,000 b. P10,000 c. P45,000 d. P0.005) What is the amount of Overhead Cost? a. P20,000b.…
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