Cuerva Company has the following data on April 30, 2017: April manufacturing overhead P30,101.80 2,430.00 Decrease in Materials Inventories Decrease in Work in Process Inventories 590.00 Increase in Finished Goods Inventories 1,320.40 The manufacturing overhead amounts to 50% of direct labor, and the direct labor and manufacturing overhead combined equal 50% of total cost of manufacturing. Required: 14. Total manufacturing cost. 15. Cost of goods manufactured.

Cuerva Company has the following data on April 30, 2017: April manufacturing overhead P30,101.80 2,430.00 Decrease in Materials Inventories Decrease in Work in Process Inventories 590.00 Increase in Finished Goods Inventories 1,320.40 The manufacturing overhead amounts to 50% of direct labor, and the direct labor and manufacturing overhead combined equal 50% of total cost of manufacturing. Required: 14. Total manufacturing cost. 15. Cost of goods manufactured.

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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