X Company's Job AAA manufactured 12,000 units that were completed in April at unit costs presented as follows: Direct materials P300 Direct labor 270 Factory overhead (excluding allowance of P15 For spoiled work) 225 Final inspection of Job AAA disclosed 1,200 spoiled units, which were sold for P300,000.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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7. What would be the selling price per unit if the spoilage loss is common to Job AAA and the company maintains a 40% mark-up on cost?

X Company's Job AAA manufactured 12,000 units that were completed in April at unit costs presented as follows:
Direct materials
P300
270
Direct labor
Factory overhead (excluding allowance of P15
For spoiled work)
225
Final inspection of Job AAA disclosed 1,200 spoiled units, which were sold for P300,000.
Transcribed Image Text:X Company's Job AAA manufactured 12,000 units that were completed in April at unit costs presented as follows: Direct materials P300 270 Direct labor Factory overhead (excluding allowance of P15 For spoiled work) 225 Final inspection of Job AAA disclosed 1,200 spoiled units, which were sold for P300,000.
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