ANSWER ACTIVITY 1-3 ( I NEED A SOLUTION)

Activity No. 1 - BC Corp. (De Jesus, Prob 21, Chap 1) On June 2020, BC Corp. had cost of goods manufactured equal to P120,000; material purchases P33,000; depreciation of factory assets P17,000; cost of goods sold P140,000; expired insurance on factory assets P2,000; cost of goods available for sale P190,000; and total factory labor P49,000. The inventories are as follows: June 1 June 30 Materials P15,000 P19,000 Work in Process 40,000 30,000 Finished Goods ? ? General factory overhead of P13,000 was incurred in June; this figure includes al factory overhead except indirect labor, indirect materials, depreciation and insurance. Direct labor cost for the month was six times larger than indirect labor cost. The cost of indirect materials used was P1,000. The company uses a single materials account for direct and indirect materials. Required: Compute for (1) total direct materials used; (2) total manufacturing costs; and (3) finished goods inventories.Activity 2 - Ram Company (De Leon, Prob 4, Chap 3) Ram Company completed the following transactions for October 2020: Purchased on account direct materials P150,000. The factory payroll was recorded. Direct labor P56,000; indirect labor P19,000. Employee payroll deductions were recorded as follows: Withholding taxes P11,200 SSS Premiums 2,40 Philhealth Contributions 375 Pag-big Fund Contributions 1,620 Indirect materials P20,000 were purchased Employer payroll tax expense is recorded as follows: SSS Premiums 3,600 Philhealth Contributions 375 Pag-big Fund Contributions 1,620 Activity 2 - Ram Company (De Leon, Prob 4, Chap 3) e) Materials issued: directmaterials P120,000; indirect materials P10,000. f) Defective materials P2,000 were returned to vendors. g) Accounts Payable totaling P148,300, excluding accrued payroll, were paid. h) Sundry factory expenses P24,900 were recorded as liabilities. i) Factory overhead was charged to production at 120% of direct labor costs. j) Cost completed with a total cost of P175,000 were transferred to finished goods. k) Sales were P220,000 and cost P140,000 to produce. Required: (1) Journalize the above transactions. (2) Prepare a statement of comprehensActivity 3 - Mary Corp. (De Jesus, Prob 22, Chap 1) Mary Corp. has the following balances of the ending inventories for September: September 1 September 30 Direct Materials P134,000 P124,000 Work in Process 290,000 342,000 Finished Goods 170,000 156.000 Activity 3 - Mary Corp. (De Jesus, Prob 22, Chap 1) Production data for September follows: Direct labor P400,000 Actual Factory Overhead 264,000 Direct materials purchased 326,000 Freight In 8,000 Purchases returns and allowances 4,000 Mary Corp. uses predetermined factory factory overhead at 70% of direct labor costs to apply in the production. Required: Compute for (1) prime costs, (2) conversion costs, (3) total manufacturing cost, (4) cost of goods manufactured, (5) cost of goods sold, and (6) over-/ under-applied factory overhead