What amount of conversion cost was added to the production in May? * Margo Company has...
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What amount of conversion cost was added to the production in May? * Margo Company has a beginning inventory of direct materials on May 1 of P30,000 and an ending inventory on May 31 of P36,000. The following additional manufacturing cost data were available for the month of May: Direct materials purchased, P84,000 Direct labor, P60,000 Factory overhead, P80,000 P80,000 P138,000 P140,000 1 poin P144,000 What amount of conversion cost was added to the production in May? * Margo Company has a beginning inventory of direct materials on May 1 of P30,000 and an ending inventory on May 31 of P36,000. The following additional manufacturing cost data were available for the month of May: Direct materials purchased, P84,000 Direct labor, P60,000 Factory overhead, P80,000 P80,000 P138,000 P140,000 1 poin P144,000
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Related Book For
Statistics for Business and Economics
ISBN: 978-0134506593
13th edition
Authors: James T. McClave, P. George Benson, Terry Sincich
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