FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fortune company had the following cost for 2019; Direct Materials purchases P620,000 Direct labor, P400,000 Factory Overhead cost, P500,000 Change in the direct materials inventory,

Fortune company had the following cost for 2019; Direct Materials purchases P620,000 Direct labor, P400,000 Factory Overhead cost, P500,000 Change in the direct materials inventory, P20,000 decrease Change in the work in process inventory, P50,000 increase Change in the finished goods inventory, P60,000 increase Question: How much is the total manufacturing cost for 2019? a. P1,500,000 b. None of the choices c. P1,540,000 d. P1,520,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems

Accounting Information Systems

Authors: James Hall

9th Edition

1305465113, 9781305465114

More Books

Students also viewed these Accounting questions

Question

★★★★★
Vista Corp. owes $600,000 to First National. The debt is a 10-year, 10% note due December 31, 2014. Because Vista Corp. is in financial trouble, First National agrees to extend the maturity date to...

Answered: 1 week ago

Question

★★★★★
2. Design a persuasive speech to convince a sports medicine center to hire a sport psychology specialist. How would you convince the centers directors that patients or clients would benefit?

Answered: 1 week ago

Question

★★★★★
2. Start classes with a short, written extra-credit question. Students dont have to answer, but a good answer will add points to their total for the semester.

Answered: 1 week ago

Question

★★★★★
Plastic Products, LLC, manufactures plastic beverage bottles. The division that manufactures water bottles for the North American market has two plants that operate 24 hours a day, 365 days a year....

Answered: 1 week ago

Question

★★★★★
5. Instead of using induction, we can sometimes use previously proven results about a summation to obtain results about a different summation. (a) Use the result in Progress Check 4.3 to prove the...

Answered: 1 week ago

Question

★★★★★
The table below shows the effect of changes in various economic variables in the countries of Beckland and Heineken. 00000000000 Beckland | Heineken | For every $18 million change Interest rates...

Answered: 1 week ago

Question

★★★★★
An individual has presented to you with the follow symptoms, what is a likely diagnosis? A female client was referred to you due to a report of neglect of her children. Her 5 and 9 year old children...

Answered: 1 week ago

Question

★★★★★
Nathan is frustrated with his instructor. He just doesn't understand Professor Jovian's lectures. Nathan is viewing lectures under what communication model? A. Public sphere model B. Interaction...

Answered: 1 week ago

Question

★★★★★
1. A crosshead tool is subjected to 4 forces as shown in the figure. Determine the magnitude of the resulting force.

Answered: 1 week ago

Question

★★★★★
QUESTION 1 Q1 Choose one . 5 points A moving electron has_ Only an electric field O Only a magnetic field O Both electric and magnetic fields O Neither electric or magnetic fields. QUESTION 2 Q2...

Answered: 1 week ago

Question

★★★★★
4. A boy is standing at the base of a tree. In the Bee are his "friends" throwing water-balloons full of hot sauce at him. It's not a prettyr scene. Our hero wants to hit one of (if not all of) these...

Answered: 1 week ago

Question

★★★★★
8. Give examples from your own everyday life that the reference point you use has significance for the actions you take.

Answered: 1 week ago

Question

★★★★★
6. Give examples of when we give a situation a new name, the situation is perceived differently.

Answered: 1 week ago

Question

★★★★★
11. Take a familiar problem as your starting point. a) Frame the problem so that it promotes aggressive behaviour. b) Frame the problem so that it promotes defensive behaviour.

Answered: 1 week ago

Previous Question Next Question