1. Big Company manufactures electric drills to the exact specifications of various customers. During April 2020, Job 403 for the production of 1,100 units was completed at the following costs per unit: Direct materials Direct labor Applied factory overhead Total P10 8 12 P30 Final inspection of Job 403 disclosed 59 defective units and 100 spoiled units. The defective units were reworded at a total cost of P500, and the spoiled units were sold to an employee for P1,500. What would be the unit cost of the good units produced on Job 403? Your answer 2. If the spoilage is attributable to Job 202 only, what is the unit selling price of the good units? (round off to the nearest centavo) Your answer 3 points 3. Martin Company received an order for 25 automatic mixing machines. Because of the order's exacting specifications, it is anticipated that defective and spoiled work will exceed the normal rate. The materials cost per unit is P80; labor cost, P194; and manufacturing overhead for this order is to be applied at 100% of the labor cost. During production, 5 units were found to be defective and required the following total additional costs: materials, P97, labor, P125, and manufacturing overhead at the 100% rate. On final inspection, 2 units were classified as seconds and sold for P400 each, the proceeds being credited to the order. The purchaser has agreed to accept the 23 machines, although the acceptable units are fewer than the number ordered. What is the unit cost of the completed units? (Round-off to the nearest peso) 3 points Your answer 4. The data below pertains to the earnings of Juan Manuel for the week ended June 15, 2020: (Round-off to the nearest peso) 3 points Hours and rate Earnings to date Overtime rate Withholding tax SSS contributions Phil. Health contributions Pag ibig contributions What is net pay for Juan Manuel for the week? Your answer 42 hours worked at P40/hr P14.00 1 and times the regular rate for hours worked in excess of 40 hours 3% of gross earnings 2% of gross earnings 1% of gross earnings 1% of gross earnings 5. Four factory workers and a supervisor make a team in the Machining Department. The supervisor earns P100 per hour, and the combined hourly charge of the four workers is P320. Each employee is entitled to a 2-week paid vacation and a bonus equal to 4 week's wages each year. Vacation pay and bonuses are treated as indirect costs and are accrued over the 50 week work year. A provision in the union contract does not allow these employees to work in excess of 40 hours per week. What is the amount to be charged to Manufacturing Overhead Control account? 3 points Your answer 6. Using the data in No. 5, what is the estimated liability for bonus? 3 points Your answer 7. Using the data in No. 5, what is the estimated liability for vacation pay? 3 points