PAMELA Manufacturing Company uses a job order cost system. The following debits (credits) appeared in Work in Process for the month of August: August 1 P40,500 Charges during August: Direct materials 243,000 Direct labor 162,000 Factory overhead 129,600 Debits to Finished goods 486,000 PAMELA Manufacturing applies overhead to production at a predetermined rate of 80% of direct labor cost Job XXX, which was started during August and is the only job still in process at the end of August, has been charged direct labor of P20,250. The amount of direct materials charged to Job XXX is

PAMELA Manufacturing Company uses a job order cost system. The following debits (credits) appeared in Work in Process for the month of August: August 1 P40,500 Charges during August: Direct materials 243,000 Direct labor 162,000 Factory overhead 129,600 Debits to Finished goods 486,000 PAMELA Manufacturing applies overhead to production at a predetermined rate of 80% of direct labor cost Job XXX, which was started during August and is the only job still in process at the end of August, has been charged direct labor of P20,250. The amount of direct materials charged to Job XXX is

FINANCIAL ACCOUNTING

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Chapter1: Financial Statements And Business Decisions

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

The amount of direct materials charged to job XXX is __________

PAMELA Manufacturing Company uses a job order cost system. The following debits (credits)
appeared in Work in Process for the month of August:
August 1
P40,500
Charges during August:
Direct materials
243,000
Direct labor
162,000
Factory overhead
129,600
Debits to Finished goods
486,000
PAMELA Manufacturing applies overhead to production at a predetermined rate of 80% of direct
labor cost Job XXX, which was started during August and is the only job still in process at the end
of August, has been charged direct labor of P20,250.
The amount of direct materials charged to Job XXX is

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