Question: Work in process, opening P100,000 Direct materials used 200,000 Direct labor incurred 160,000 Factory overhead: (based on labor cost) 120,000 Goods completed and transferred to

Work in process, opening P100,000 Direct materials used 200,000 Direct labor incurred 160,000 Factory overhead: (based on labor cost) 120,000 Goods completed and transferred to stock 501,800 The closing work in process included Job #12 with direct labor cost of P12,000 and Job #15 with overhead applied of P9,600. The total cost of materials included in the closing work in process was

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