3 . In March of the same year, the company had a total manufacturing cost of Php...
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In March of the same year, the company had a total manufacturing cost of Php and a net income of Php It incurred Php commission expense which is based on the of its sales revenue. Raw materials beginning and end are Php and Php respectively. The total indirect cost is Php and the total conversion cost is Php Its period cost is only composed of commission expense and salaries and wages of admin personnel.Overhead cost is still composed of depreciation, indirect materials, and utilities. The company operated for days for the month of March. If the company's depreciation and utlities rate do not change:how much is salaries and wages of admin personnel? how much is prime cost?how much is total purchases for March? how much is total direct material cost? how much is total indirect materials cost?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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