Paki answer po with solution po During August of the current year, Job 067 for 2,000 handsaws was completed at thefollowing cost per unit:P5.00Direct materialsDirect làbor4.00Factory overhead (applied at 150% of DLC) 6.00Final inspection revealed 100 defective units, which were reworked at a cost of P2.00per unit for direct labor plus overhead at the predetermined rate.25. If the defect is due to internal failure, what is the total rework cost and to whataccount should it be charged?Rework costP 200Р 200P 500P 500Account chargedWork in processFactory overhead controlWork in processFactory overhead controla.b.с.d. Norman buys baseball bats from a'manufacturer at P10 each. Norman expects to sell90,000 bats evenly over the next year. Norman's cost of capital is 10 percent, Thetotal out-of-pocket cost to carry one bat in inventory is P0.50 and the cost of orderingbats is P15per order.22. Suppose that Norman orders 3,000 bats at a time. What is the total annualinventory cost?Р 750b. Р1,200P 2,250d. P 2,700(10% X PI5) = 1's0.5a.с.23. What is the economic order quantity?a. 1,342 unitsb. 1,643 unitsc. 2,324 unitsd. 3,000 units24. How many times would Norman have to place an order in one year?a. 67 timesb. 55 timesc. 39 timesd. 30 times

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Norman buys baseball bats from a manufacturer at P10 each. Norman expects to sell 90,000 bats evenly over the next year. Norman's cost of capital total out-of-pocket cost to carry one bat in inventory is P0.50 and the cost of ordering bats is P15per order. 10 percent. The Suppose that Norman orders 3,000 bats at a time. What is the total annual inventory cost? Р 750 b. Р 1,200 P 2,250 P 2,700 22. (10% X PIS) = 1.5 1.5 а. 0.5 с. d. 23. What is thẹ economic order quantity? a. 1,342 units b. 1,643 units c. 2,324 units d. 3,000 units 24. How many times would Norman have to place an order in one year? a. 67 times b. 55 times c. 39 times d. 30 times

Norman buys baseball bats from a manufacturer at P10 each. Norman expects to sell 90,000 bats evenly over the next year. Norman's cost of capital total out-of-pocket cost to carry one bat in inventory is P0.50 and the cost of ordering bats is P15per order. 10 percent. The Suppose that Norman orders 3,000 bats at a time. What is the total annual inventory cost? Р 750 b. Р 1,200 P 2,250 P 2,700 22. (10% X PIS) = 1.5 1.5 а. 0.5 с. d. 23. What is thẹ economic order quantity? a. 1,342 units b. 1,643 units c. 2,324 units d. 3,000 units 24. How many times would Norman have to place an order in one year? a. 67 times b. 55 times c. 39 times d. 30 times

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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