Complete the following process account of Lei Manufacturing Company by supplyin the peso amounts of (A) and (B) on the credit side of the account. Process Y May 1 6,000 units 1/3 completed May 1-31 Mat. 12,000 @ PO.50 Labor Overhead May 1-31 16,000 units completed (A) P4,800 May 31 2,000 units- ½ completed 6,000 3,600. 5,400

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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#27-28

Complete the following process account of Lei Manufacturing Company by supplying
the
peso amounts of (A) and (B) on the credit side of the account.
Process Y
May 1
6,000 units
1/3 completed
May 1-31
Mat. 12,000 @ P0.50
Labor
Overhead
May 1-31
16,000 units completed (A)
P4,800
May 31
2,000 units- ½ completed
6,000
3,600.
5,400
27. The peso amount of the 16,000 units completed (A) is
а. Р17,800
P18,200 / Chuhed gae
c. P17,600
d. P16,400
28. The peso amount of the 2,000 units ½ completed (B) is
a. P2,200
b. P1,600 Chechod guoge
č. P2,000
d. P1,400
Transcribed Image Text:Complete the following process account of Lei Manufacturing Company by supplying the peso amounts of (A) and (B) on the credit side of the account. Process Y May 1 6,000 units 1/3 completed May 1-31 Mat. 12,000 @ P0.50 Labor Overhead May 1-31 16,000 units completed (A) P4,800 May 31 2,000 units- ½ completed 6,000 3,600. 5,400 27. The peso amount of the 16,000 units completed (A) is а. Р17,800 P18,200 / Chuhed gae c. P17,600 d. P16,400 28. The peso amount of the 2,000 units ½ completed (B) is a. P2,200 b. P1,600 Chechod guoge č. P2,000 d. P1,400
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