East Company submits the following data for May, 2022 Direct labor cost Cost of goods sold...

 

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East Company submits the following data for May, 2022 Direct labor cost Cost of goods sold Factory overhead-applied at 150% of direct labor costs. Inventories May 1, 2022 P187.500 161,500 155.000 Finished goods Work in process Materials Required: Cost of goods sold statement for May, 2022. 200,000 687,500 May 31, 2022 P152,500 155,000 143,750 East Company submits the following data for May, 2022 Direct labor cost Cost of goods sold Factory overhead-applied at 150% of direct labor costs. Inventories May 1, 2022 P187.500 161,500 155.000 Finished goods Work in process Materials Required: Cost of goods sold statement for May, 2022. 200,000 687,500 May 31, 2022 P152,500 155,000 143,750

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Calculate the Cost of Goods Manufactured COGM for May 2022 COGM Direct Labour Cost Applied F... View the full answer