Hi I need help on what is the answer for this. I hope that you can help me and answer with explanation is highly appreciated
Sillicon Valley Corporation (SVC), which produces keyboards for personal computers. We assume the following information for SVC for the month of April. . There are no beginning inventories of direct materials. Moreover, there is zero beginning and ending work in process. . SVC has only one direct manufacturing cost strategy (direct materials) and one indirect manufacturing cost category (conversion costs). All manufacturing labor costs are included in conversion costs. . From its bill of materials and an operations list, SVC determines that direct material cost per keyboard unit is P20 and estimated conversion cost is P10. . SVC purchases P1,880,000 of direct materials. Actual conversion costs equal P1,280.000. SVC produces 90.000 good keyboard units and sells 87,000 units. . Any under allocated or over allocated conversion costs are written off to Cost of goods sold at the end of the month. Assuming trigger points Purchase, Completion, Sale, how much is the cost of goods sold?Sillicon Valley Corporation (SVC), which produces keyboards for personal computers. We assume the following information for SVC for the month of April. . There are no beginning inventories of direct materials. Moreover, there is zero beginning and ending work in process. . SVC has only one direct manufacturing cost strategy (direct materials) and one indirect manufacturing cost category (conversion costs). All manufacturing labor costs are included in conversion costs. . From its bill of materials and an operations list, SVC determines that direct material cost per keyboard unit is P20 and estimated conversion cost is P10. . SVC purchases P1,880,000 of direct materials. Actual conversion costs equal P1,280,000. SVC produces 90,000 good keyboard units and sells 87,000 units. . Any under allocated or over allocated conversion costs are written off to Cost of goods sold at the end of the month. Assuming trigger points Purchase Sale, how much is theCost of Goods sold?Sillicon Valley Corporation (SVC), which produces keyboards for personal computers. We assume the following information for SVC for the month of April. . There are no beginning inventories of direct materials. Moreover, there is zero beginning and ending work in process. . SVC has only one direct manufacturing cost strategy (direct materials) and one indirect manufacturing cost category (conversion costs). All manufacturing labor costs are included in conversion costs. . From its bill of materials and an operations list, SVC determines that direct material cost per keyboard unit is P20 and estimated conversion cost is P10. . SVC purchases P1,880,000 of direct materials. Actual conversion costs equal P1 280,000. SVC produces 90,000 good keyboard units and sells 87,000 units. . Any under allocated or over allocated conversion costs are written off to Cost of goods sold at the end of the month. Assuming trigger points Purchase, completion, Sale, how much is the backflushed amount
