National Marketing Corp. uses a job-order costing system. It has three production departments, X, Y, and Z. The manufacturing cost budget for 2001 is as follows: Dept. X Dept. Y Dept. Z Direct Materials P600,000 P400,000 P200,000 Direct Labor 200,000 500,000 400,000 Manufacturing overhead 600,000 100,000 200,00 For job No. 01-90 which completed in 2001, direct materials cost was P75,000 and direct labor cost was s follows: Dept. X P40,000 Dept. Y 100,000 Dept. Z 20,000 The corporation applies manufacturing overhead to each job order on the basis of direct labor cost, using departmental rates predetermined at the beginning of eh year based on the manufacturing cost budget. The total manufacturing cost of Job No. 01-90, which was completed in 2001, is?
National Marketing Corp. uses a job-order costing system. It has three production departments, X, Y, and Z.
The
|
|
Dept. X |
Dept. Y |
Dept. Z |
|
Direct Materials |
P600,000 |
P400,000 |
P200,000 |
|
Direct Labor |
200,000 |
500,000 |
400,000 |
|
Manufacturing |
600,000 |
100,000 |
200,00 |
For job No. 01-90 which completed in 2001, direct materials cost was P75,000 and direct labor cost was s follows:
Dept. X P40,000
Dept. Y 100,000
Dept. Z 20,000
The corporation applies manufacturing overhead to each job order on the basis of direct labor cost, using departmental rates predetermined at the beginning of eh year based on the manufacturing cost budget.
The total manufacturing
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