Dove Corporation applies overhead to job at a rate of 120% of direct labor cost. On Dec. 31, 2019, a fire burned many of the firm's cost records, leaving only the following information: Beg. Balance Purchases Beg. Balance Goods Completed Direct Material Inventory_ 30,750 | ???? | End Balance Finished Goods Inventory_ 1 35,000 | ??? | 1,712,500 | 105,000 Required: Using T-account, determine the: 1.) Cost of Goods Sold 2.) Cost of Goods Completed 3.) Total manufacturing cost 4.) Work in Process - Direct Materials 5.) Total Direct Material Purchases ???? 10,250 Beg. Balance Direct Material Direct Labor FOH Work in Process Inventory_ 68,750 ???? ???? | 225,000 ???? | End Balance - 60,000 ???? Cost of Goods Sold 1 T The Work in Process account of K. Sis Company showed the following: Jan 1 Balance Direct Material Used Direct Labor Applied FOH Work in Process P250,000 | Finished Goods 500,000 400,000 | 300,000 | 6.) How much is the predetermined factory overhead rate for the year? 7.) How much is the cost of materials charged to Job#888 C. The Work in Process of Twinny Company showed the following: Work in Process 38,750 | Finished Goods 93,750 36,875 | 29,500 | Materials Direct labor cost Factory Overhead 1,254,500 and Job#899? Materials charged to the only job still in process amounted to P8,000. Factory overhead is applied at a predetermined percentage of direct labor cost. 8.) The predetermined factory overhead rate is 9.) The direct labor cost contained in Finished Goods Inventory account is 10.) The factory overhead in the Finished Goods Inventory account is D. Information concerning Cherry Company's manufacturing activities for November follows: Inventories November 1, 2020 November 30, 2020 P30,000 Finished Goods Direct Materials Direct Labor Machine Time Work in Process Direct Material, P2.40 per unit Direct Labor, P0.80 per unit Machine time Materials Compute the: 11.) Cost of Materials used for the month is 12.) Work in Process at November 30 is 13.) November cost of goods manufactured is 7,500 units 14.) Finished Goods Inventory at November 30 is 15.) November Cost of Goods Sold is 120 hours P20,000 P12,500 P7,500 150 hours 5,000 units Total factory costs in November was P450,000, of which P75,000 was direct labor cost. A total of 600 machine hours were used for the month. The company uses a predetermined overhead rate of P100 per machine hour in assigning factory overhead to Work in Process and Finished Goods Inventories. Materials Purchased in November were P217,500 and Freight-In on these purchases totaled P3,750. 80 hours P16,250