1.OllieFurniture produces special-order furniture. The company uses job order costing for pricing and cost accumulation purposes. The following costs were incurred on two recent jobs:

Transcribed Image Text:

Direct materials Job 1 Job 2 Job 3 Php 5,000 Php 1,700 Php 3,100 Direct labor 8,200 6,300 7,200 Applied factory overhead 5,900 4,475 5,120 Allowance for commercial expenses and profit 10,050 6,738 8,210 Direct materials Job 1 Job 2 Job 3 Php 5,000 Php 1,700 Php 3,100 Direct labor 8,200 6,300 7,200 Applied factory overhead 5,900 4,475 5,120 Allowance for commercial expenses and profit 10,050 6,738 8,210