In March direct labor was 60% of conversion cost. If the manufacturing overhead cost for the month was PhP1,900,000 and the direct materials cost was PhP1,600,000, what is the direct labor cost? Show the solution.

In March direct labor was 60% of conversion cost. If the manufacturing overhead cost for the month was PhP1,900,000 and the direct materials cost was PhP1,600,000, what is the direct labor cost? Show the solution.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Definition Definition Total cost of procuring or producing a product or the cost that an individual or business owner undertakes for the manufacturing of goods.

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