Redillas Corporation's 2021 manufacturing costs were as follows: Prime costs P 430,000 Depreciation of factory equipment 80,000 Depreciation of factory building 50,000 Janitor's wages for cleaning factory area 52,000 Salesmen's commission based on sales 50,000 Depreciation for delivery van 30,000 How much of these costs should be inventoried for external reporting purpose OP 612,000 O P 500,000 O P 647,000 OP 512,000
Redillas Corporation's 2021 manufacturing costs were as follows: Prime costs P 430,000 Depreciation of factory equipment 80,000 Depreciation of factory building 50,000 Janitor's wages for cleaning factory area 52,000 Salesmen's commission based on sales 50,000 Depreciation for delivery van 30,000 How much of these costs should be inventoried for external reporting purpose OP 612,000 O P 500,000 O P 647,000 OP 512,000
Chapter5: Process Costing
Section: Chapter Questions
Problem 8MC: What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials,...
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![Redillas Corporation's 2021 manufacturing costs were as follows:
Prime costs
P 430,000
Depreciation of factory equipment
80,000
Depreciation of factory building
50,000
Janitor's wages for cleaning factory area
52,000
Salesmen's commission based on sales
50,000
Depreciation for delivery van
30,000
How much of these costs should be inventoried for external reporting purposes?
O P 612,000
O P 500,000
OP 647,000
OP 512,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9985be1a-d96c-4f59-aeb3-28ca3cea2eab%2F37a6818d-cbb3-49ee-9ef2-b6bbafb1c134%2Ff6fg73b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Redillas Corporation's 2021 manufacturing costs were as follows:
Prime costs
P 430,000
Depreciation of factory equipment
80,000
Depreciation of factory building
50,000
Janitor's wages for cleaning factory area
52,000
Salesmen's commission based on sales
50,000
Depreciation for delivery van
30,000
How much of these costs should be inventoried for external reporting purposes?
O P 612,000
O P 500,000
OP 647,000
OP 512,000
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