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Determine production costs backflushed to finished goods

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Reference no: EM132771911

Ethel Company manufactures electric motors for electric fans. The company uses the JIT/Backflush Costing to manufacture the electric motor. The projected labor and factory overhead is P3,685,000; materials costs, P28 per unit. Planned production included 2,000 hours to produce 13,750 electric motors. Actual production for January was 800 units and electric motors shipped are 690 units.

Problem 1: The production costs backflushed to finished goods during January is:

a. P204,240

b. P184,920

c. P214,400

d. P236,800

Reference no: EM132771911

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