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Hello! I need answers and a step by step solution for this problem please. Thank you so much! :-) 33. Nesthy Petecio Inc has provided
Hello! I need answers and a step by step solution for this problem please. Thank you so much! :-)
33. Nesthy Petecio Inc has provided the following data for the month of August. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Manufacturing overhead for the month was overapplied by P5,000. The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the ending balances in those accounts. Note: For interim calculations, use 5 decimal places; ROUND-UP final answer to a whole number. The WORK-IN-PROCESS sold for August after allocation of any underapplied or overapplied overhead for the month is closest to The FINISHED GOODS for August after allocation of any underapplied or overapplied overhead for the month is closest to The COST OF GOODS SOLD for August after allocation of any underapplied or overapplied overhead for the month is closest to P Step by Step Solution
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