51. Norin Corp. has a budgeted normal annual capacity of 440,000 units with production rates being level throughout the year. The January budget shows fixed factory overhead of P13,200 and an estimated variable factory overhead rate of P2.10 per unit. During January, actual output was 12,300 units, with a total factory overhead of P27,000. How much is the applied factory overhead cost? a. 26,199 b. 45,258 c. 27,000 d. 30,258

51. Norin Corp. has a budgeted normal annual capacity of 440,000 units with production rates being level throughout the year. The January budget shows fixed factory overhead of P13,200 and an estimated variable factory overhead rate of P2.10 per unit. During January, actual output was 12,300 units, with a total factory overhead of P27,000. How much is the applied factory overhead cost? a. 26,199 b. 45,258 c. 27,000 d. 30,258

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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