Job 456 manufactured 12,000 units that were completed in February at unit costs presented as follows: Direct materials P35 Direct labor 28 Factory overhead (includes an allowance of P15 Spoiled work) 29 Final inspection of Job 456 disclosed 125 spoiled units, which were sold for P22,500. What would be the unit cost of good units if the spoilage loss is attributable to exacting specifications of Job 001?
Job 456 manufactured 12,000 units that were completed in February at unit costs presented as follows: Direct materials P35 Direct labor 28 Factory overhead (includes an allowance of P15 Spoiled work) 29 Final inspection of Job 456 disclosed 125 spoiled units, which were sold for P22,500. What would be the unit cost of good units if the spoilage loss is attributable to exacting specifications of Job 001?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Job 456 manufactured 12,000 units that were completed in February at unit costs presented as follows:
Direct materials P35
Direct labor 28
Factory
Spoiled work) 29
Final inspection of Job 456 disclosed 125 spoiled units, which were sold for P22,500.
What would be the unit cost of good units if the spoilage loss is attributable to exacting specifications of Job 001?
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