Question: Please compute for the correct answer among the choices. Show solutions in good accounting form. Thank you! 1.) Ikawna Corp uses machine hours as a

Please compute for the correct answer among the choices. Show solutions in good accounting form. Thank you!

1.)

rate. The following information is available for the year 2021: Budgeted machine

Ikawna Corp uses machine hours as a base for its factory overhead rate. The following information is available for the year 2021: Budgeted machine hours, 271,000 MH; FOH rate, P5/MH; Underapplied FOH, P16,900; Actual machine hours, 265,200MH. How much is the actual FOH cost? P1,342,900 P1,309,100 P1,381,900 P1,348,100

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