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Manufacturing costs and other accounts of Ronda Manufacturing Corporation appeared in its December 31, 2021 trial balance as follows: Raw materials purchase 1,246,500 Freight-in P
Manufacturing costs and other accounts of Ronda Manufacturing Corporation appeared in its December 31, 2021 trial balance as follows: Raw materials purchase 1,246,500 Freight-in P 28,000 Direct labor 1,505,000 Repairs & Maintenance 225,780 Indirect Materials 57,000 Light & water 345,875 Indirect Labor 657,600 Factory Taxes 127,700 Factory Depreciation 148,500 Fuel & Lubricants 187,545 Inventories: Dec. 2021 Finished goods P 250,000 Work-in-process 70,000 95,000 Raw materials For year ended December 31, 2021, determine the following: Raw Materials, Beg. Purchases Freight-in Materials Available Raw Materials, End Materials Used Direct Labor P P Factory Overhead Total Production Cost Qty. IP Work-in Process, Beg. Dec. 2020 320,000 65,000 88,000 Goods Put into Process Work-in Process, End Cost of Goods Manufactured If 50,000 units were put into process during the year and 49,000 units completed, how much is the Unit Product Cost? Cost of Goods Manufactured Finished Goods, Beg. Goods Available for Sale Finished Goods, End Cost of Goods Sold P If the unit product cost is P125, and Ronda Manufacturing Corp. mark-up rate is 50% on cost. The unit Selling Price will be? P
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