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Bronson uses a job order cost system and applies factory overhead to production orders on the basis of direct-labor cost. The overhead rates for 2013 are 200% for department A and 50% for department B, respectively. Job 003 started and completed during 2013, was changed with the following costs:
Department A BDirect materials: Dept A - P25,000; dept B - P5,000Direct labor: Dept A - ?; dept B - 30,000Factory overhead: Dept A - 40,000; dept B - ?
Question 1: The total manufacturing cost associated with Job 003 should be?
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