25. The manufacturing overhead amounts to 50% of the direct labor, and the direct labor and manufacturing overhead combined equal 50% of the total cost of manufacturing. All materials are purchased FOB shipping point What is the cost of goods manufactured? a. P180, 610. 80 b. P182, 300.00 c. P181, 200. 80 d. P183, 200. 80 The Apple Manufacturing Company manufactures a product exclusively to customer order, employing a job order cost system. On August 1, 2008, its work in process inventory fi5 partially completed jobs) had a cost of P3, 000. During August, no additional orders were put into production and 18 orders were completed fitotal cost. P24, 000) of which 14 ficost P20, 000) were shipped. Materials requisition in August totalled P17, 000 and direct labor costs were P8, 000. At the beginning of the year 2008, a predetermined overhead rate of 150% of expected direct labor cost was established. 26. The August 31, 2008 work in process inventory is: a. P4, 000 b. P16, 000 c. P14, 000 d. 20, 000 Job no. 210 has, at the end of the second week of February, an accumulated total cost of P4, 200. In the third week, P1, 000 of direct materials were used on the job, together with P10 of indirect materials. Twenty hours of direct labor services were applied to the job at a cost of P5 per hour. Manufacturing overhead was applied at the basis of P2. 50 per direct labor hour for fixed overhead and P2 per hour for variable overhead. 27.Job no. 210 was the only job completed during the third week. The total cost of Job Order No. 210 is: a. P5, 390 b. P5, 350 C. PS, 360 d. P5, 400