II. Pretty La Fea Company reported the following for the year just ended: Beginning Inventories: Raw Materials P450,000 Work in Process 560,000 900,000 Finished Goods Ending Inventories: Raw Materials P600,000 760,000 1,040,000 Work in Process Finished Goods Goods Manufactured Raw Material purchases Overhead applied P6,800,000 2,650,000 50% of DLC 1. How much is the Total Cost of Goods Put into Process? 2 Compute for the Prime Cost of the company

II. Pretty La Fea Company reported the following for the year just ended: Beginning Inventories: Raw Materials P450,000 Work in Process 560,000 900,000 Finished Goods Ending Inventories: Raw Materials P600,000 760,000 1,040,000 Work in Process Finished Goods Goods Manufactured Raw Material purchases Overhead applied P6,800,000 2,650,000 50% of DLC 1. How much is the Total Cost of Goods Put into Process? 2 Compute for the Prime Cost of the company

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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