Homework Help is Here – Start Your Trial Now!
Business
Accounting
The following information were taken from the accounting records of YANNI MUSIC, CO for 2009 Increase in raw materials inventory Decrease in finished goods inventory 8 P 45,000 150,000 Raw materials purchases 1,290,000 Direct labor payroll Factory overheasd 600,000 900,000 Transportation out 135,000 The cost of raw materials used during the period amounted to P 1,245,000 b P 1,290,000 P 1,335,000 d P 1,380,000 a

The following information were taken from the accounting records of YANNI MUSIC, CO for 2009 Increase in raw materials inventory Decrease in finished goods inventory 8 P 45,000 150,000 Raw materials purchases 1,290,000 Direct labor payroll Factory overheasd 600,000 900,000 Transportation out 135,000 The cost of raw materials used during the period amounted to P 1,245,000 b P 1,290,000 P 1,335,000 d P 1,380,000 a

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

ANSWER THE QUESTION, THANK YOU. I BADLY NEED IT. :(

8 The following information were taken from the accounting records of YANNI MUSIC, CO for 2009 Increase in raw materials inventory Decrease in finished goods inventory Raw materials purchases Direct labor payroll 45,000 150,000 1,290,000 600,000 Factory overheasd 900,000 Transportation out 135,000 The cost of raw materials used during the period amounted to P 1,245,000 b P 1,290,000 P 1,335,000 d P 1,380,000
Transcribed Image Text:8 The following information were taken from the accounting records of YANNI MUSIC, CO for 2009 Increase in raw materials inventory Decrease in finished goods inventory Raw materials purchases Direct labor payroll 45,000 150,000 1,290,000 600,000 Factory overheasd 900,000 Transportation out 135,000 The cost of raw materials used during the period amounted to P 1,245,000 b P 1,290,000 P 1,335,000 d P 1,380,000
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS