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12. Raw Materials inventory, July 31 50,000 What is the total factory overhead 8. Ethel Company provided the following information as of May 31, 2020
12. Raw Materials inventory, July 31 50,000
8. Ethel Company provided the following information as of May 31, 2020 Sales P900,000 Finished goods inventory, May 31 300,000 Work in process inventory, May 31 350,000 Raw materials inventory, May 31 280,000 Finished goods inventory, May 1 200,000 Work in process inventory, May 1 310,000 Raw materials inventory, May 1 250,000 Direct labor 150,000 Factory overhead 110,000 The average historical gross profit is 30% of sales What is the total manufacturing costs? 9. Ethel Company provided the following information as of May 31, 2020 Sales P900,000 Finished goods inventory, May 31 300,000 Work in process inventory, May 31 350,000 Raw materials inventory, May 31 280,000 Finished goods inventory, May 1 200,000 Work in process inventory, May 1 310,000 Raw materials inventory, May 1 250,000 Direct labor 150,000 Factory overhead 110,000 The average historical gross profit is 30% of sales How much was the total raw materials used? 10. Ethel Company provided the following information as of May 31, 2020 Sales P900,000 Finished goods inventory, May 31 300,000 Work in process inventory, May 31 350,000 Raw materials inventory, May 31 280,000 Finished goods inventory, May 1 200,000 Work in process inventory, May 1 310,000 Raw materials inventory, May 1 250,000 Direct labor 150,000 Factory overhead 110,000 The average historical gross profit is 30% of sales How much was thetotal raw materials purchased? 11. The following data are available for Peter Senen Company during the month of July 2020: Direct materials purchased P 95,000 Direct labor 80,000 Indirect materials 40,000 Indirect labor 45,000 Other indirect factory costs 60,000 Marketing expenses 72,000 Office salaries and wages 30,000 Raw materials inventory, June 30 35,000 Raw materials inventory, July 31 50,000 What is the total manufacturing costs? 12. The following data are available for Peter Senen Company during the month of July 2020: Direct materials purchased P 95,000 Direct labor 80,000 Indirect materials 40,000 Indirect labor 45,000 Other indirect factory costs 60,000 Marketing expenses 72,000 Office salaries and wages 30,000 Raw materials inventory, June 30 35,000 What is the total factory overhead
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