Compute the amount the of direct labour cost incurred of the period? Sunshine Manufacturing Company just started
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Sunshine Manufacturing Company just started its operation in this year. After its first three months of operations, Sunshine Manufacturing Company had the following data on its operation. Cost of goods sold amounted to P540,000. Manufacturing costs were distributed as follows: 40% direct materials used; 30% direct labor; 30% factory overhead. Work in process, March 31 was 10% of the total manufacturing costs. Finished goods remaining in stock were 20% of the total cost of goods manufactured. Sunshine Manufacturing Company just started its operation in this year. After its first three months of operations, Sunshine Manufacturing Company had the following data on its operation. Cost of goods sold amounted to P540,000. Manufacturing costs were distributed as follows: 40% direct materials used; 30% direct labor; 30% factory overhead. Work in process, March 31 was 10% of the total manufacturing costs. Finished goods remaining in stock were 20% of the total cost of goods manufactured.
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To compute the amount of direct labor cost incurred during the period we need to know the total manu... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-1259024900
9th canadian edition
Authors: Ray Garrison, Theresa Libby, Alan Webb
Posted Date:
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