Gueess Aparel completed 3,600 expensive bags during the 1st quarter of the current year.  The following costs per unit are presented below: Direct materials P200 Direct labor P180 Factory overhead, including P10 allowance for spoilage P180 Final inspection revealed that 600 bags were spoiled which were sold as export overrun at an amount equal to 40% of production costs. The good units were delivered and billed to the customer at 20% gross profit. If spoilage is due to customer’s intervention, how much is the total gross profit on the order?

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.