The records of the Liwanag Refrigerator Company show the following information for the three months ended...
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The records of the Liwanag Refrigerator Company show the following information for the three months ended March 31, 19A: Materials Purchased P1,946,700 Inventories, Jan 1, 19A: Materials Finished Goods (100 ref.) Direct Labor Factory Overhead Marketing Expenses General and Administrative Expenses Sales (12,400 ref.) Inventories, March 31, 19A: Materials Finished Goods (200 ref.) No unfinished work on hand. Assume FIFO method of inventory costing. P268,000 P43,000 P2,125,800 P764,000 P516,000 P461,000 P6,634,000 P167,000 Calculate the unit cost of refrigerators manufactured. The records of the Liwanag Refrigerator Company show the following information for the three months ended March 31, 19A: Materials Purchased P1,946,700 Inventories, Jan 1, 19A: Materials Finished Goods (100 ref.) Direct Labor Factory Overhead Marketing Expenses General and Administrative Expenses Sales (12,400 ref.) Inventories, March 31, 19A: Materials Finished Goods (200 ref.) No unfinished work on hand. Assume FIFO method of inventory costing. P268,000 P43,000 P2,125,800 P764,000 P516,000 P461,000 P6,634,000 P167,000 Calculate the unit cost of refrigerators manufactured.
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Unit Cost P2125800 P764000 P167000 12400 100 200 Unit Cost ... View the full answer
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
Posted Date:
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