2. .JYD Manufacturing Company showed the following information as of June 1, 2020%3; Raw materials inventory Work in process inventory Finished goods inventory P320,000 400,000 350,000 During the month of June, the following were incurred Materials purchased P170,000 200,000 Materials used Direct labor 400.000 Factory Overhead After reviewing the quantities on hand, ending inventories were: Work in process inventory Finished goods inventory 210,000 280,000 430,000 What is the total cost of goods manufactured during the month?
2. .JYD Manufacturing Company showed the following information as of June 1, 2020%3; Raw materials inventory Work in process inventory Finished goods inventory P320,000 400,000 350,000 During the month of June, the following were incurred Materials purchased P170,000 200,000 Materials used Direct labor 400.000 Factory Overhead After reviewing the quantities on hand, ending inventories were: Work in process inventory Finished goods inventory 210,000 280,000 430,000 What is the total cost of goods manufactured during the month?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![2. .JYD Manufacturing Company showed the following
information as of June 1, 2020;
Raw materials inventory
Work in process inventory
Finished goods inventory
P320,000
400,000
350,000
During the month of June, the following were incurred
Materials purchased
P170,000
200,000
400.000
Materials used
Direct labor
Factory Overhead
After reviewing the quantities on hand, ending
inventories were:
210,000
Work in process inventory
Finished goods inventory
280,000
430,000
What is the total cost of goods manufactured during the
month?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6a8d8a1d-6720-43f2-b42c-9d566e4f9c4d%2F3bc61dfc-8cf3-4f83-b20b-cca2d19366ff%2Fuzbyh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2. .JYD Manufacturing Company showed the following
information as of June 1, 2020;
Raw materials inventory
Work in process inventory
Finished goods inventory
P320,000
400,000
350,000
During the month of June, the following were incurred
Materials purchased
P170,000
200,000
400.000
Materials used
Direct labor
Factory Overhead
After reviewing the quantities on hand, ending
inventories were:
210,000
Work in process inventory
Finished goods inventory
280,000
430,000
What is the total cost of goods manufactured during the
month?
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