The following information pertains to BSA Company for September: Direct materials (Job #915 is P76,800; Job #917 is P136,080), Direct labor (Job #915 is P108,000 and Job #916 is P120,000), Applied factory overhead (Job#917 is P133,200). BSA Company applies factory overhead for Job #915 at 140% of direct labor cost and at 150% of direct labor for Jobs #916 and #917. The total cost of jobs #915 and #916 is the same. What is the amount of work in process inventory if Job #916 was the only job completed?

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To determine the amount of work in process WIP inventory if Job ... View the full answer