P1.990,000 he following information were taken from the books of Laxa Co. for the month of December, 2007: December 1 Direct materials Work in process Finished goods P72,000 36,000 108,000 December 31 P 60,000 24,000 144,00 Direct materials purchases Direct labor payroll Direct labor rate per hour Factory overhead per direct labor hour P168,000 120,000 15.000 23.00 otal prime cost during December is P180,000 P280,000 c. P288,000 d. P300,000 sing the information in MC 12-3, what is the total conversion cost during rcember? P180,000 P280,000 P288,000 d. P340,000 c.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Pls answer MC 12-3 and MC 12-4

u.
P1.990,000
The following information were taken from the books of Laxa Co. for the
month of December, 2007:
Direct materials
Work in process
Finished goods
December 1
P72,000
36,000
108,000
December 31
P 60,000
24,000
144,00
Direct materials purchases
Direct labor payroll
Direct labor rate per hour
Factory overhead per direct labor
hour
P168,000
120,000
15.000
23.00
Total prime cost during December is
P180,000
P280,000
a.
b.
с.
P288,000
1
d.
P300,000
MC 12-4 Using the information in MC 12-3, what is the total conversion cost during
December?
P180,000
b.
a.
P288,000
d. P340,000
с.
P280,000
MC 12-5 Using the information in MC 12-3, the cost of goods manufactured during
December is
P436,000
P448,000
P460,000
P472,000
c.
a.
d.
b.
The following information were reported by Lapid Company for the month
September 30
P 100,000
70,000
140,000
P 240,000
216,000
756,000
MC 12-6
September 1
P80,000
50,000
120,000
of September, 2007:
Direct materials
Work in process
Finished goods
Direct labor cost
Factory overhead
Cost of goods sold
The total cost of direct materials purchased during September is
P100,000
P340,000
P360,000
с.
d.
P440,000
a.
b.
Transcribed Image Text:u. P1.990,000 The following information were taken from the books of Laxa Co. for the month of December, 2007: Direct materials Work in process Finished goods December 1 P72,000 36,000 108,000 December 31 P 60,000 24,000 144,00 Direct materials purchases Direct labor payroll Direct labor rate per hour Factory overhead per direct labor hour P168,000 120,000 15.000 23.00 Total prime cost during December is P180,000 P280,000 a. b. с. P288,000 1 d. P300,000 MC 12-4 Using the information in MC 12-3, what is the total conversion cost during December? P180,000 b. a. P288,000 d. P340,000 с. P280,000 MC 12-5 Using the information in MC 12-3, the cost of goods manufactured during December is P436,000 P448,000 P460,000 P472,000 c. a. d. b. The following information were reported by Lapid Company for the month September 30 P 100,000 70,000 140,000 P 240,000 216,000 756,000 MC 12-6 September 1 P80,000 50,000 120,000 of September, 2007: Direct materials Work in process Finished goods Direct labor cost Factory overhead Cost of goods sold The total cost of direct materials purchased during September is P100,000 P340,000 P360,000 с. d. P440,000 a. b.
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