Name: Class Schedule: he following data were taken from the records of Alda Manufacturing Company: 80,000 Work In Process, Beginning Work In Process, End Finished Goods Inventory, beginning Finished Goods Inventory, end 95,000 60,000 78,000 P46,000 63,000 Raw Material Purchases Factory overhead, 75% of direct labor cost Selling and admin expense, 12.5% of sales Net income for the month 25,000 25,000 50,000 Raw materials inventory end Raw materials inventory beginning was: a. P30,000 b. P40,000 c. P46,000 d. P50,00 Cost of Goods Available for Sale was: a. P50,000 b. P150,000 c. P168,000 d. P228, he following costs and inventory data are taken from the accounting records of Mandy he year: Rent Expense Factory P20,000 Work in Process Beninning

Name: Class Schedule: he following data were taken from the records of Alda Manufacturing Company: 80,000 Work In Process, Beginning Work In Process, End Finished Goods Inventory, beginning Finished Goods Inventory, end 95,000 60,000 78,000 P46,000 63,000 Raw Material Purchases Factory overhead, 75% of direct labor cost Selling and admin expense, 12.5% of sales Net income for the month 25,000 25,000 50,000 Raw materials inventory end Raw materials inventory beginning was: a. P30,000 b. P40,000 c. P46,000 d. P50,00 Cost of Goods Available for Sale was: a. P50,000 b. P150,000 c. P168,000 d. P228, he following costs and inventory data are taken from the accounting records of Mandy he year: Rent Expense Factory P20,000 Work in Process Beninning

Name: Name:Class Schedule:he following data were taken from the records of
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Description: Name:Class Schedule:he following data were taken from the records of Alda Manufacturing Company:80,000Work In Process, BeginningWork In Process, EndFinished Goods Inventory, beginningFinished Goods Inventory, end95,00060,00078,000P46,00063,000Raw Ma

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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