How much is the cost of goods sold to be presented in the financial odditional information: Actual factory overhead Applied Factory overhead Direct Materials Used Cost of Goods Manufactured 1,080,000 1,125,000 1,425,000 3,862,500 statement? a. P3,975,000 b. P3,930,000 c. P3,855,000 d. P3,817,500

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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45. Johnaon Corp. has the following data for the year 2030:
Jamuary 1
225,000
112,500
487,500
December 31
300,000
150,000
375,000
Direct Materials
Work in Process
Finished Goods
Transcribed Image Text:45. Johnaon Corp. has the following data for the year 2030: Jamuary 1 225,000 112,500 487,500 December 31 300,000 150,000 375,000 Direct Materials Work in Process Finished Goods
How much is the cost of goods sold to be presented in the financial
odditional information:
Actual factory overhead
Applied Factory overhead
Direct Materials Used
Cost of Goods Manufactured
1,080,000
1,125,000
1,425,000
3,862,500
statement?
a. P3,975,000
b. P3,930,000
c. P3,855,000
d. P3,817,500
Transcribed Image Text:How much is the cost of goods sold to be presented in the financial odditional information: Actual factory overhead Applied Factory overhead Direct Materials Used Cost of Goods Manufactured 1,080,000 1,125,000 1,425,000 3,862,500 statement? a. P3,975,000 b. P3,930,000 c. P3,855,000 d. P3,817,500
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