Solution-How find for the cost of direct materials used for

How find for the cost of direct materials used for the year

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Reference no: EM132669568

Red Company and normal costing. During the year ended December 31, 2019, the were made available

Total manufacturing costs incurred during the year, P 2200000

Cost of goods manufactured amounted to 1940000

Factory Overhead is applied to production at 80% of direct labor cost Applied Factory Overhead during the year amounted to 30% of total manufacturing cost

Beginning work in process inventory was 75% of the work in process at the end

Problem 1: Compute for the cost of direct materials used for the year ended December 31, 2019

Reference no: EM132669568

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How find for the cost of direct materials used for the year

Reference no: EM132669568

Reference no: EM132669568

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