Reference no: EM132856877
ABC Company provided the following information for the current year:
Increase in raw materials inventory P 150,000
Decrease in goods in process inventory 200,000
Decrease in finished goods inventory 350,000
Raw materials purchased 4,300,000
Direct labor payroll 2,000,000
Factory overhead 3,000,000
Freight - out 450,000
Freight - in 250,000
Problem 1: How much is the cost of goods sold?
a. P 9,950,000 c. P 9,250,000
b. P 9,550,000 d. P 9,150,000
|
Determine the earnings per share
: Blanco, Inc. has a net income of $300,000 for 2014, Determine the earnings per share for 2014
|
|
What is the amount of direct labor cost incurred
: What is the amount of direct labor cost incurred? Goods in process at year-end amounted to 10% of the total manufacturing costs.
|
|
Estimate company as return on equity
: The current estimate of the market risk premium is 6%, and the stock is trading at a P/E ratio of 9.5, estimate Company A's return on equity
|
|
Relationship between purchasing and work breakdown structure
: Describe the relationship between purchasing and the work breakdown structure (WBS).
|
|
How much is the cost of goods sold for abc company
: How much is the cost of goods sold? Decrease in goods in process inventory 200,000. Increase in raw materials inventory P 150,000.
|
|
How much is total factory overhead
: During the month of April, Lucena Company reported Direct Labor of P72,000. How much is total Factory Overhead
|
|
Substantively different terms for identical component
: Compare and contrast the functional project management model, What are the substantively different terms for the identical component?
|
|
What is the income before tax for the current year
: What is the income before tax for the current year? Brooks Company reported that the financial records were destroyed by fire at the end of the year.
|
|
Measure level of mental health
: An aptitude test was given to the students to measure their level of mental health. The results are shown in the table below.
|