Assume that 50,000 units are put into production for Job 101 and the total cost of production was P1,500,000.  At the completion of production only 47,000 units were good. The remaining units were classified as spoiled and had a salvage value of P7,000. Management considers spoilage to be normal to the general production process and includes normal spoilage in the predetermined factory overhead application rate.

When accounting for the spoilage of Job 101, what is the total amount of costs to be removed from work-in-process inventory?

Using ABC, the total overhead costs charged to the 1,000 boxes of powdered chemical is? The controller of D-Day Chemical Supply has established the following activity centers with overhead costs and related cost drivers: Activity Centers Materials Handling Machine setups Hazardous waste Quality Control Others Budgeted Overhead Costs P120.000 240,000 60,000 85,000 205,000 Cost Drivers Weight of raw materials Number of setups Weight of hazardous Materials Number of inspections Machine Hours 12,500 25 Budgeted Level for Cost Drivers 60,000 pounds 120 setups 12,000 pounds An order for 1,000 boxes of powdered chemicals has the following production requirements: Raw materials (in pounds) Machine setups Hazardous materials (in pounds) Inspections Machine hours 2,500 30 520 1,000 inspections 102,500 hours