Chapter9 340 Use the following data for Question 19 and 20: Simmer's World for 200 lifting equipment showed the following coste unit: cmmun h1.0 प जीमप्णाल X 00 175 Materials Labor Factory overhead, 160% of direct labor cost (150% in o cases in which any defective unit costs are to charged to a specific order). Final inspection revealed that 15 of the units were not properly produced Correction of each defective unit requires P50 for materials, P80 for la. bor, and factory overhead at the appropriate rate. 19. Assuming cost of defective units is charged to all the jobs, what is the unit cost of finished goods? a. P650 b. P640 . P655 d. P550 PC 1950 c. 3) nurt 20. Assuming cost of defective units is charged to the job order; what is 中6i the unit cost of each unit manufactured? P674.85 b. P475.50 P656.25 d. P690.50- C. 9,760

Chapter9 340 Use the following data for Question 19 and 20: Simmer's World for 200 lifting equipment showed the following coste unit: cmmun h1.0 प जीमप्णाल X 00 175 Materials Labor Factory overhead, 160% of direct labor cost (150% in o cases in which any defective unit costs are to charged to a specific order). Final inspection revealed that 15 of the units were not properly produced Correction of each defective unit requires P50 for materials, P80 for la. bor, and factory overhead at the appropriate rate. 19. Assuming cost of defective units is charged to all the jobs, what is the unit cost of finished goods? a. P650 b. P640 . P655 d. P550 PC 1950 c. 3) nurt 20. Assuming cost of defective units is charged to the job order; what is 中6i the unit cost of each unit manufactured? P674.85 b. P475.50 P656.25 d. P690.50- C. 9,760

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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XYZ Mfg. estimated its different overhead costs as follows:Costs Cost FormulasDepreciation P1,000Lubricants P1,500 + PO.50 per machine hourMachine setup P0.30 per machine hourMaintenance P200 + PO.10 per machine hourUtilities P2,000 + PO.60 per machine hour Total overhead costs expected at activity level of 300 machine hours must be:a. P4,700b. P4,950c. P5,000d. P5,150
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