The following data were taken from the records of Westbrooks Company: INVENTORIES   Aug. 31, 2020   Sept. 30, 2020 Raw Materials ₱00? ₱50,000 Work-in-Process ₱80,000 ₱95,000 Finished Goods ₱60,000 ₱78,000 Additional Information: Raw materials purchased    ₱46,000 Factory overhead, 75% of direct labor cost    ₱63,000 Selling and administrative expenses, 12.5% of sales   ₱25,000 Net Income for September 2020   ₱25,000 What is the total manufacturing cost.. Show solution Group of answer choices ₱183,000 ₱200,000 ₱150,000 ₱168,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following data were taken from the records of Westbrooks Company:

INVENTORIES

  Aug. 31, 2020

  Sept. 30, 2020

Raw Materials

₱00?

₱50,000

Work-in-Process

₱80,000

₱95,000

Finished Goods

₱60,000

₱78,000

Additional Information:

Raw materials purchased 

  ₱46,000

Factory overhead, 75% of direct labor cost 

  ₱63,000

Selling and administrative expenses, 12.5% of sales

  ₱25,000

Net Income for September 2020

  ₱25,000

What is the total manufacturing cost.. Show solution

Group of answer choices

₱183,000

₱200,000

₱150,000

₱168,000

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