19. James Company uses a job order cost sytem. The following debits (credits) appeared in James account for the month of April 2020 April Description Amount 1 Balance P4,000 30 Direct Materials 24,000 .30 Direct labor 16,000 -30 Factory overhead 12,800 30 To finished goods (48,000) James applies overhead to production at a predetermined rate of 80% of direct labor cost. Job No. 5, the only job still in process on April 30, 2020, ahs been charged of direct labor of P2,000. What was the amount of direct materials charged to Job No.57 20. Ethel Company's job order system, manufacturing overhead is applied to work in process using a predetermined annual overhead rate. During January 2020, Ether's transactions included the following Direct materials issued to production P 90,000 Indirect materials issued to production 8,000 Manufacturing overhead incurred 125,000 Manufacturing overhead applied 113,000 Direct labor costs 107.000 Ethel had neither beginning nor ending work-in process inventory, What was the cost of jobs completed in January 2020? 21. Petsey Co. Has considerable excess manufacturing capacity. A special job order's cost sheet includes the following applied manufacturing overhead costs: Fixed costs P21,000 Variable costs 33,000 The fixed costs include a normal P3,700 allocation for in-house design costs, although no in-house design will be done. Instead, the job will require the use of external designers costing P7,750. What is the total amount to be included in the calculation to determine the minimum acceptable price for the job? 22. Peter Company provided the following data for the year ended December 31, 2020: Raw materials purchases P 80.000 Total manufacturing costs 220,000 Decrease in raw materials inventory 4,000 Decrease in work in process inventory 20,000 Increased in finished finished goods inventory45,000 Gross margin ratio 40% Factory overhead is applied at 60% of direct labor. How much is the factory overhead cost incurred? 23. Senen Company provided the following data for the month ended October 31, 2020: Direct labor (2,000 hours @ P40/hr) P80,000 Inventories, October 1 Raw materials 48,000 Work in process 55,000 Finished goods 81,500 Inventories, October 31 Raw materials 40,000 Work in process 62,000 Finished goods 90,200 Cost of goods sold 204,300 Factory overhead is applied at P36 per direct labor hour. Senen made total purchases of what amount