17. Combate Company uses a job order cost system and applies factory overhead on the basis of the direct labor cost. The overhead rates for 2020 are 200% for department A and 50% for Department B. Job 123, started and completed during 2020 was charged with the following costs: Department A P25,000 Department B P5,000 Direct materials Direct labor 30,000 Factory overhead 40,000 ? What is the total manufacturing costs associated with Job 123? Peter Senen company manufactures tools to customer specifications. The following data pertain to Job 222 for the month of February: Direct materials used P 4,200 Direct -labor hours worked 300 Direct -labor rate per hour Machine hours used P8.00 200 Applied factory overhead rate per hour P15.00 What is the total manufacturing cost recorded on Job 222 for February?
17. Combate Company uses a job order cost system and applies factory overhead on the basis of the direct labor cost. The overhead rates for 2020 are 200% for department A and 50% for Department B. Job 123, started and completed during 2020 was charged with the following costs: Department A P25,000 Department B P5,000 Direct materials Direct labor 30,000 Factory overhead 40,000 ? What is the total manufacturing costs associated with Job 123? Peter Senen company manufactures tools to customer specifications. The following data pertain to Job 222 for the month of February: Direct materials used P 4,200 Direct -labor hours worked 300 Direct -labor rate per hour Machine hours used P8.00 200 Applied factory overhead rate per hour P15.00 What is the total manufacturing cost recorded on Job 222 for February?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:17. Combate Company uses a job order cost system and
applies factory overhead on the basis of the direct labor
cost. The overhead rates for 2020 are 200% for
department A and 50% for Department B. Job 123,
started and completed during 2020 was charged with the
following costs:
Department A
P25,000
Department B
P5,000
Direct materials
Direct labor
?
30,000
Factory overhead
40,000
?
What is the total manufacturing costs associated with Job
123?
Peter Senen company manufactures tools to customer
specifications. The following data pertain to Job 222 for
the month of February:
Direct materials used
P 4,200
Direct -labor hours worked
300
Direct -labor rate per hour
P8.00
Machine hours used
200
Applied factory overhead rate per hour
P15.00
What is the total manufacturing cost recorded on Job 222
for February?
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