Ethel Company manufactures electric motors for electric fans. The company uses the JIT/Backflush Costing to manufacture the electric motor. The projected labor and factory overhead is P3,685,000; materials costs, P28 per unit. Planned production included 2,000 hours to produce 13,750 electric motors. Actual production for January was 800 units and electric motors shipped are 690 units.

 

The production costs back flushed to finished goods during January is?

 

 

Answer rating: 100% (QA)

To calculate the production costs backflushed to finished goods using JITBackflush Costing we need t... View the full answer