Chapter 3 Product Costing 7. Total costs were factory overhead P100,000 (20% fixed), marketing and administrative cos P150,000 (60% fixed), and direct material costs plus direct labor costs of P500,000. Instructions: Determine the cost of ending finished goods inventory.

Chapter 3 Product Costing 7. Total costs were factory overhead P100,000 (20% fixed), marketing and administrative cos P150,000 (60% fixed), and direct material costs plus direct labor costs of P500,000. Instructions: Determine the cost of ending finished goods inventory.

Name: Chapter 3 Product Costing73Total costs were factory overhead P100,000
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Description: Chapter 3 Product Costing73Total costs were factory overhead P100,000 (20% fixed), marketing and administrative costsP150,000 (60% fixed), and direct material costs plus direct labor costs of P500,000.Instructions: Determine the cost of ending finis

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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