1 If beginning work in process inventory is P120,000, ending work in process inventory is P160,000, cost of goods manufactured is P400,000 and direct materials used are P100,000, what are the conversion costs a P140,000 b P280,000 c P300,000 d P340,000 2 Ruskin Company had utilities cost of P95,000 at an output level of 30,000 units The utilities cost was a mixed cost and the fixed portion was P50,000 What would the estimate of total utilities cost be at an output level of 40,000 units a P65,000 b P95,000 c P110,000 d P125,000

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Question: 1. If beginning work-in-process inventory is P120,000, ending work-in-process inventory is P160,000, cost of goods manufactured is P400,000 and direct materials used are P100,000, what

1. If beginning work-in-process inventory is P120,000, ending work-in-process inventory is P160,000, cost of goods manufactured is P400,000 and direct materials used are P100,000, what are the conversion costs?

		a. P140,000
		b. P280,000
		c. P300,000
		d. P340,000

2. Ruskin Company had utilities cost of P95,000 at an output level of 30,000 units. The utilities cost was a mixed cost and the fixed portion was P50,000.What would the estimate of total utilities cost be at an output level of 40,000 units?

		a. P65,000
		b. P95,000
		c. P110,000
		d. P125,000

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