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1. Tinder Company provided the following information for the last calendar year: Beginning Inventory: Direct materials P 19,300 Work in process Ending Inventory: 41,200 Direct materials P 16,000 Work in process 30,600 During the year, direct materials purchases amounted to P275,800, direct labor cost was P153,000, and overhead was P276, 300. There were 25,000 units produced, 1. Unit manufacturing cost (rounded to 2 decimal place) is?

1. Tinder Company provided the following information for the last calendar year: Beginning Inventory: Direct materials P 19,300 Work in process Ending Inventory: 41,200 Direct materials P 16,000 Work in process 30,600 During the year, direct materials purchases amounted to P275,800, direct labor cost was P153,000, and overhead was P276, 300. There were 25,000 units produced, 1. Unit manufacturing cost (rounded to 2 decimal place) is?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. Tinder Company provided the following information for the last calendar year: Beginning Inventory: P 19,300 41,200 Direct materials Work in process Ending Inventory: Direct materials P 16,000 30,600 Work in process During the year, direct materials purchases amounted to P275,800, direct labor cost was P153,000, and overhead was P276, 300. There were 25,000 units produced, 1. Unit manufacturing cost (rounded to 2 decimal place) is?
Transcribed Image Text:1. Tinder Company provided the following information for the last calendar year: Beginning Inventory: P 19,300 41,200 Direct materials Work in process Ending Inventory: Direct materials P 16,000 30,600 Work in process During the year, direct materials purchases amounted to P275,800, direct labor cost was P153,000, and overhead was P276, 300. There were 25,000 units produced, 1. Unit manufacturing cost (rounded to 2 decimal place) is?
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