1) Covido Inc. manufactures laptop accessories. During the month of February, XYZ computer store ordered 1,000 accessories. The contract price is P 500 per accessory

Materials P 15,000

Labor 5,000

Applied Factory Overhead 3,000

Total P 23,000

Before the delivery of various accessories, XYZ computer store requested for additional safety lock on the laptop. The additional specification requires for rework for additional cost is P 4,000.

1) Covido Inc. manufactures laptop accessories. During the month of February, XYZ computer store ordered 1,000 accessories. The contract price is P 500 per accessory

Materials P 15,000

Labor 5,000

Applied Factory Overhead 3,000

Total P 23,000

Before the delivery of various accessories, XYZ computer store requested for additional safety lock on the laptop. The additional specification requires for rework for additional cost is P 4,000.

1) Covido Inc. manufactures laptop accessories. During the month of February, XYZ computer store ordered 1,000 accessories. The contract price is P 500 per accessory

Materials P 15,000

Labor 5,000

Applied Factory Overhead 3,000

Total P 23,000

Before the delivery of various accessories, XYZ computer store requested for additional safety lock on the laptop. The additional specification requires for rework for additional cost is P 4,000.

REQUIRED: Prepare all necessary journal entries