1. During the month of July, direct labor cost totaled P12, 000 and direct labor cost was 30% of prime cost. If total manufacturing costs during July were P86, 000, the manufacturing overhead was:

• P46, 000
• P40, 000
• P28, 000
• P74, 000

2.Durian Company has the following data on April 30, 2008:

April manufacturing overheadP30, 101.80

Decrease in ending inventories:

MaterialsP2, 430. 00

Goods in processP590. 00

Increase in ending inventory

Finished GoodsP1, 320.40

1. The manufacturing overhead amounts to 50% of the direct labor, and the direct labor and manufacturing overhead combined equal 50% of the total cost of manufacturing. All materials are purchased FOB shipping point

What is the cost of goods manufactured?

• P180, 610. 80
• P182, 300. 00
• P181, 200. 80
• P183, 200. 80

3.The Apple Manufacturing Company manufactures a product exclusively to customer order, employing a job order cost system.

On August 1, 2008, its work in process inventory (5 partially completed jobs) had a cost of P3, 000. During August, no additional orders were put into production and 18 orders were completed (total cost, P24, 000) of which 14 (cost P20, 000) were shipped.

Materials requisition in AugusttotalledP17, 000 and direct labor costs were P8, 000. At the beginning of the year 2008, a predetermined overhead rate of 150% of expected direct labor cost was established.

1. The August 31, 2008 work in process inventory is:
2. P4, 000
3. P16, 000
4. P14, 000
5. 20, 00

4.Job no. 210 has, at the end of the second week of February, an accumulated total cost of P4, 200. In the third week, P1, 000 of direct materials were used on the Job, together with P10 of indirect materials. Twenty hours of direct labor services were applied to the job at a cost of P5 per hour.

Manufacturing overhead was applied at the basis of P2. 50 per direct labor hour for fixed overhead and P2 per hour for variable overhead.

1. Job no. 210 was the only job completed during the third week. The total cost of Job Order No. 210 is:

• P5, 390
• P5, 350
• P5, 360
• P5, 400