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

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Chapter17: Job Order Costing (job)
Section: Chapter Questions
Problem 1R: Nutt Products manufactures screws and bolts made to customer specifications. During August, Nutt...
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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
P20
18
Factory overhead (includes an
Page 3 of 6
18
P56
Assume that spolage loss is charged to all production during August. What would be the unit cost of the good
allowance of P1 for spoiled work
coasts produced on Job 5017
а. P53
b. P55
C. P56
d. P58.60
17. Using the same information, assume instead that the spoilage loss is attributable to the exacting
specifications of Job 501 and is charged to this specific job. What would be the unit cost of the good coats
produced on Job 501?
a. P55
b. P57.50
c. P58.60
d. P61.60
Transcribed Image Text: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 P20 18 Factory overhead (includes an Page 3 of 6 18 P56 Assume that spolage loss is charged to all production during August. What would be the unit cost of the good allowance of P1 for spoiled work coasts produced on Job 5017 а. P53 b. P55 C. P56 d. P58.60 17. Using the same information, assume instead that the spoilage loss is attributable to the exacting specifications of Job 501 and is charged to this specific job. What would be the unit cost of the good coats produced on Job 501? a. P55 b. P57.50 c. P58.60 d. P61.60
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