D Company reported the following information for the year: Ending work-in- process inventory P4,000 Beginning work-in-process inventory P3,000 Factory overhead P5,100 Direct labor cost P7,000 Direct materials used P5,000 Manufacturing costs added to work-in-process inventory were: O P12,000 O P17,100 O P16,100 O P13,600
D Company reported the following information for the year: Ending work-in- process inventory P4,000 Beginning work-in-process inventory P3,000 Factory overhead P5,100 Direct labor cost P7,000 Direct materials used P5,000 Manufacturing costs added to work-in-process inventory were: O P12,000 O P17,100 O P16,100 O P13,600
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![D Company reported the following information for the year: Ending work-in-
process inventory P4,000 Beginning work-in-process inventory P3,000
Factory overhead P5,100 Direct labor cost P7,000 Direct materials used
P5,000 Manufacturing costs added to work-in-process inventory were:
P12,000
OP17,100
P16,100
OP13,600](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F750e216b-aea6-4491-8ff2-1a52738f980d%2F9a704973-b65f-40fd-b634-8257ed039cc5%2Frt86pvk_processed.png&w=3840&q=75)
Transcribed Image Text:D Company reported the following information for the year: Ending work-in-
process inventory P4,000 Beginning work-in-process inventory P3,000
Factory overhead P5,100 Direct labor cost P7,000 Direct materials used
P5,000 Manufacturing costs added to work-in-process inventory were:
P12,000
OP17,100
P16,100
OP13,600
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