The following were taken from the books of Nona Company. January 1 P 268,000 0 Raw...
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The following were taken from the books of Nona Company. January 1 P 268,000 0 Raw materials Work in process Finished goods Direct materials used Direct labor Factory overhead Sales Requirements: 43,000 (100 units) 008 The company uses the FIFO method of costing inventories. P1,847,700 2,125,800 1,026,500 (12,300 units at P535.000). 1. The number of units manufactured 2. The cost of goods manufactured per unit 3. The cost of goods sold March 31 P 167,000 0 ? (300 units) The following were taken from the books of Nona Company. January 1 P 268,000 0 Raw materials Work in process Finished goods Direct materials used Direct labor Factory overhead Sales Requirements: 43,000 (100 units) 008 The company uses the FIFO method of costing inventories. P1,847,700 2,125,800 1,026,500 (12,300 units at P535.000). 1. The number of units manufactured 2. The cost of goods manufactured per unit 3. The cost of goods sold March 31 P 167,000 0 ? (300 units)
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Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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