XYZ Corporation is manufacturing customized cabinets. The following data pertain to Job 101 for the month of May: Direct materials used....................................... P 10,200 Direct labor hours worked..................................... 200 Direct labor rate per hour............................... P 5.00 Machine hours used...................................... 100 Applied factory overhead rate per machine hour P 10.00 What is the total manufacturing cost recorded on Job 101 for the month of May?
XYZ Corporation is manufacturing customized cabinets. The following data pertain to Job 101 for the month of May: Direct materials used....................................... P 10,200 Direct labor hours worked..................................... 200 Direct labor rate per hour............................... P 5.00 Machine hours used...................................... 100 Applied factory overhead rate per machine hour P 10.00 What is the total manufacturing cost recorded on Job 101 for the month of May?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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XYZ Corporation is manufacturing customized cabinets. The following data pertain to Job 101 for the month of May:
Direct materials used....................................... P 10,200
Direct labor hours worked..................................... 200
Direct labor rate per hour............................... P 5.00
Machine hours used...................................... 100
Applied factory
What is the total
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