Sunset Manufacturing Company currently uses normal costing method in accumulating the cost of production. The following...

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Sunset Manufacturing Company currently uses normal costing method in accumulating the cost of production. The following data were provided for the current year: Factory Labor: Direct labor costs (2,500 DLHS) Indirect labor Raw Materials: Inventory, Jan 1 Purchases on account Issuance to production Factory overhead: Depreciation Maintenance Utilities Indirect materials Miscellaneous overhead Work in process: Beginning inventory Ending inventory P350,000 35,000 P50,000 550,000 460,000 110,000 50,000 31,000 8,000 5,000 P220,000 160,500 9. If the factory overhead rate is equal to P125DLH, The total factory costs for the period amounted to 10. Using the same information in the above question, assuming the finished goods inventory is increased by P186,000 at the end of the period, how much is the cost of sales? Sunset Manufacturing Company currently uses normal costing method in accumulating the cost of production. The following data were provided for the current year: Factory Labor: Direct labor costs (2,500 DLHS) Indirect labor Raw Materials: Inventory, Jan 1 Purchases on account Issuance to production Factory overhead: Depreciation Maintenance Utilities Indirect materials Miscellaneous overhead Work in process: Beginning inventory Ending inventory P350,000 35,000 P50,000 550,000 460,000 110,000 50,000 31,000 8,000 5,000 P220,000 160,500 9. If the factory overhead rate is equal to P125DLH, The total factory costs for the period amounted to 10. Using the same information in the above question, assuming the finished goods inventory is increased by P186,000 at the end of the period, how much is the cost of sales?

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Lets calculate the total factory costs for the period and the cost of sales using the given data and ... View the full answer