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27. Kaypee Corporation is a local manufacturer that uses a job order costing. Manufacturing overhead is applied using a predtermined rate based on direct labor
27. Kaypee Corporation is a local manufacturer that uses a job order costing. Manufacturing overhead is applied using a predtermined rate based on direct labor cost. The cost ledger shows the following information for the month of August. Credit Work in process Inventory Debit Balance, Aug 1 P250,000 Materials used 120,000 Direct labor 100,000 Applied FOH 80,000 Goods Manufactured | P296,000 Kaypee had three outstanding jobs in ending work in process that are expected to be delivered in the following month: Job #108 with direct materials of P35,000 and direct labor of P20,000 Job # 109 with direct materials of P45,000 and direct labor of P25,000 Job #110 with applied overhead of P28,000. What is the total cost of Job #108? What was the total cost of Job # 109? What was the total cost of Job # 110
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