A .The following information were taken from the records of Amanda Corporation for the last quarter of 2016:

Beginning Ending

Materials inventory P1,280,000 P1,364,000

WIP inventory 1,540,000 1,402,000

FG inventory 1,784,000 1,952,000

During the quarter, material purchases were P7,522,000, direct labor was P10,160,000 and factory overhead was P9,476,000

Required: Determine the following for the last quarter of 2016:

1. Total manufacturing Cost

2. Cost of Goods manufactured

3. Cost of Goods Sold

B. Arayat Company presented the following information in relation to its manufacturing operations for the month of May 2016:

May 1 May 31

Direct Materials P18,000 P15,000

Work in Process 9,000 6,000

Finished Goods 27,000. 36,000

Additional information for May 2016:

Direct materials purchased P42,000

Direct labor payroll P30,000

Direct labor rate per hour P7.50

Factory overhead rate per direct labor hour P10

Required: Determine the following for the month of May:

1. Cost of Goods manufactured

2. Conversion cost incurred

3. Prime cost incurred