Unicloak Manufacturing Company's accrued factory payroll for the month ended October 31, 2020 amounted to P =335,800.

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Unicloak Manufacturing Company's accrued factory payroll for the month ended October 31, 2020 amounted to P =335,800. Record shows that the following were deducted as a percentage of gross payroll: W-tax, 20%; SSS Premiums, 5%; Philhealth, 1%; Pag-ibig, 1%. Time tickets revealed that 80% of the payroll is for direct labor.

Determine the amounts charged to work in process inventory and factory overhead.

Posted Date: May 15, 2024 10:15 AM

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Unicloak Manufacturing Company's accrued factory payroll for the month ended October 31, 2020 amounted to P =335,800.

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