16. Harp Company's Job 501 for the manufacture of 2,200 coats, which was completed during August at the unit costs presented below. Final inspection of Job 501 disclosed 200 spoiled coats which were sold to a jobber for P6,000. Direct materials Direct labor Factory overhead (includes an P20 18 Page 3 of 6 allowance of P1 for spoled work 18 P56 Assume that spoilage loss is charged to all production during August. What would be the unit cost of the good coasts produced on Job 5017 а. Р53 b. P55 с. Р56 d. P58.60

16. Harp Company's Job 501 for the manufacture of 2,200 coats, which was completed during August at the unit costs presented below. Final inspection of Job 501 disclosed 200 spoiled coats which were sold to a jobber for P6,000. Direct materials Direct labor Factory overhead (includes an P20 18 Page 3 of 6 allowance of P1 for spoled work 18 P56 Assume that spoilage loss is charged to all production during August. What would be the unit cost of the good coasts produced on Job 5017 а. Р53 b. P55 с. Р56 d. P58.60

Name: 16. Harp Company's Job 501 for the manufacture of 2,200 coats, which
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Description: 16. Harp Company's Job 501 for the manufacture of 2,200 coats, which was completed during August at theunit costs presented below. Final inspection of Job 501 disclosed 200 spoiled coats which were sold to a jobberfor P6,000.Direct materialsDirect l

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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None
Kindly answer and explain the 2 questions.
The billing price for job no. 100 per unit amounted to ________
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