Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5 pts Question 20 Modern Manufacturing shows cost of goods sold for the month of March was P180,000. The finished goods inventory was P 30,000

image text in transcribed
image text in transcribed
image text in transcribed
5 pts Question 20 Modern Manufacturing shows cost of goods sold for the month of March was P180,000. The finished goods inventory was P 30,000 on March 1 and P35,000 on March 31. Beginning and ending inventory work-in-process inventories were P40,000 and P50,000, respectively. What was the cost of goods manufactured during March? O P 180,000 OP 195,000 OP 175,000 OP 185,000 D Question 16 5 pts Platinum Corporation gathered the following data for its maintenance costs: Units produced Total costs 100,000 1,300,000 90,000 1,500,000 106,000 1.750,000 Using high-low method, what is the variable cost per unit? OP 28.125 OP 20.178 O P 13.175 OP 15.625 Question 11 5 pts 11) Data from Delta Motor Corp are as follows: Selling and administrative expenses P450,000 Direct materials used 935,000 Direct labor (50,000) 900,000 Factory overhead applied rate P 16 per direct labor hour Beginning Ending Direct materials P 150,000 P 135,000 Work-in-process 225.000 270,000 Finished goods 120,000 75.000 The cost of direct materials purchased is O P 920,000 P 890,000 OP 875,000 OP 935,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Cases An Active Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

2nd Edition

0130674842, 978-0130674845

Students also viewed these Accounting questions