Solution-Determine the amount billed to the customer

Determine the amount billed to the customer

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Reference no: EM133107538

Question - SHINING Apparel completed 3, 600 expensive bags during the 1st quarter of the current year. The following costs per unit are presented below:

Direct materials P200

Direct Labor 180

Factory overhead, included P10 allowance for spoilage 180

Final inspection revealed that 600 bags were spoiled which were sold as export overrun at 40% of production costs. The good units were delivered and billed the customer at 120% above cost.

If the spoilage is common to all jobs, determine the amount billed to the customer?

a. P1,680,000

b. P2,100,000

c. P2,016,000

d. P3,696,000

Reference no: EM133107538

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Determine the amount billed to the customer

Reference no: EM133107538

Reference no: EM133107538

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