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Job Item Direct Material Direct Labor Factory Overhead Total 204 205 80,000 balloons 5,000 Life rafts 206 10,000 life belts P15,230 P21,430 P13,800 P50,460
Job Item Direct Material Direct Labor Factory Overhead Total 204 205 80,000 balloons 5,000 Life rafts 206 10,000 life belts P15,230 P21,430 P13,800 P50,460 40,450 60,875 55,240 22,370 118,060 43,860 19,366 124,101 P116,555 P120,530 P55,536 P292,621 During March, the following transactions occurred: a. Purchase of materials, P42,300 b. Purchase of special materials was P5,800 for new Job 207, which calls for 4,000 life jackets c. Indirect Labor cost was P12,480. Direct Labor was as follows: Job Amount 204 P26,844 205 22,750 206 28,920 207 20,370 Hours 3,355.5 3,250 3,615 2,910
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