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Can I ask for the solutions for this problem? This is from my subject in Cost Accounting and Control. The following are the direct materials

Can I ask for the solutions for this problem? This is from my subject in Cost Accounting and Control.

The following are the direct materials purchases, direct labor cost, and factory overhead budgets for Cassie Corp. for the month of August 2020:

 Direct Materials Purchases Budget 

Material A Material B

Units required for production 20,000 14,000

Plus desired ending inventory 8,000 2,500

Total 28,000 16,500

Less estimated beginning inventory 7,400 3,000

Units to be purchased 20,600 13,500

Unit price x P0.50 x P1.20

Total direct materials purchases P10,300 P16,200

Direct Labor Cost Budget Factory Overhead Cost Budget

Hours required for production 5,000 Supervisor salaries P18,000

Hourly rate x P10 Utilities 3,500

Total direct labor cost P50,000 Depreciation 7,400

Indirect materials 2,100

Total factory overhead cost P31,000

Marga Corp. also estimates the following beginning and ending inventory amounts:

Beginning Inventory Ending Inventory

Work in Process P35,000 P30,000

Finished Goods 87,000 90,000

Requirements:

  1. Total estimated costs of Materials inventory beginning is________________________________
  2. Total budgeted cost of Direct Material Purchases is______________________________________
  3. Total cost of materials available for use as budgeted is___________________________________
  4. Total cost of materials inventory end as budgeted is______________________________________
  5. Total manufacturing costs as budgeted is_________________________________________________
  6. If the Work in Process inventory decreases by P5,000, it shall be added to total factory costs to have Cost of Goods Manufactured amounting to___________________________________
  7. Total Goods Available for Sale is greater than Budgeted Cost of Goods Sold by___________________________________
  8. Budgeted Cost of Goods Placed into Process is__________________________________________
  9. Budgeted Cost of Goods Sold is___________________________________________________________

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