Work in process of Alonzo Corp. on July 1 (per general ledger) is P22,800. Per cost sheets:
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- Work in process of Alonzo Corp. on July 1 (per general ledger) is P22,800. Per cost sheets:
Job 101Job 102
Direct materialsP 6,000P 8,000
Direct labor3,0002,500
Amount charged to work in process for July of the current year
Job 101Job 102Job 103Job 104
Direct materialsP 3,000P 2,000P 6,000P 4,500
Direct labor1,0001,5002,6002,000
Factory overhead is applied to production based on direct labor cost. Job 101 and 103 are completed during the month. Cost of goods put into process must be
a. 42,100b. 26,860c. 45,400d. 49,660
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