Reference no: EM133183636
Question - EPHI manufactures mailboxes and the company applied actual costing method. The following data represent transactions and balances for December 2020, the company first month of operations with an ending work in process inventory of 5,000 units, ending finished goods inventory of 5,000 units and selling price of P22.00 per unit:
Purchased direct materials on account P286,000
Accrued direct labor payroll 134,000
Paid factory rent 3,600
Accrued factory utilities 16,200
Recorded factory equipment depreciation 15,800
Paid factory supervisor salary 6,400
Ending direct materials inventory 62,000
Ending work in process inventory 32,000
Ending finished goods inventory ?
Sales on account 594,000
Required -
1. How many units were completed in December?
A. 35,000
B. 27,000
C. 25,000
D. 32,000
2. What was the total cost of goods manufactured?
A. P362,000
B. P342,000
C. P368,000
D. P332,000
3. What was the per-unit cost of goods manufactured in December?
A. P13.41
B. P11.50
C. P13.50
D. P11.22
|
Central reality of political theory
: alk about what it meant for Machiavelli to take power as the central reality of political theory
|
|
Calculate the number of orders that should be placed
: Calculate the number of orders that should be placed for the year, which would also take into consideration that the most advantageous quantity is ordered
|
|
Cultural content describes wide variety of things
: Cultural content describes a wide variety of things. For example, cultural content might include a TV show, a film, a song, a music video, an article,
|
|
Determine the percentage of completion of contract work
: Materials un-used was returned to the stores at cost P100,000. Determine the percentage of completion of contract work at end of 2020
|
|
How many units were completed in december
: EPHI manufactures mailboxes and the company applied actual costing method. How many units were completed in December
|
|
Proper foundation for our classical american freedoms
: Robert George thinks that the proper foundation for our classical American freedoms
|
|
How much is the legal capital
: The shareholders' equity section of De Guzman Corporation revealed the following information on December 31, 2021: How much is the legal capital
|
|
Calculate the weight in pounds of material a
: The freight cost amounted to P1,000. If the cost per unit of Material A is 3.294, calculate the weight in pounds of Material A
|
|
The liberal political tradition
: For Patrick Deneen, the liberal political tradition has been decaying from within for many decades (and centuries).
|