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.

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

a.P5, 390

b.P5, 350

c.P5, 360

d.P5, 400

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?

a.P180, 610. 80

b.P182, 300. 00

c.P181, 200. 80

d. P183, 200. 80