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MEIAMOI MANUFACTURING COMPANY is producing specially formulated deodorant in a plastic drum container unit for special customers. One platic drum is equivalent to 100


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MEIAMOI MANUFACTURING COMPANY is producing specially formulated deodorant in a plastic drum container unit for special customers. One platic drum is equivalent to 100 liters. The customers repacked them in various small containers in their own packaging factory. They are made to order. For the month of June, 2020, the following data was available for the preparation of Statement of Cost of Goods Manufactured: Customers and their orders Job No. Customer Quantity ordered 201 Ance 800 drums 202 B.Co 500 drums 203 1000 drums 204 D. Co 5,000 drums 205 E Co 5,000 drums Status of their orders 1) Job 201 was started in May, 2020, and still in process at the beginning of June, 2020 with a total cost of P 825,000 2) Job 202 was also started in May, 2020 and still in process at the beginning of June, 2020 with a total cost of P675,000 3) Job nos. 203, 204 and 205 was started in June, 2020. Cost incurred in June, 2020 Cost incurred: Material used Direct labor JO#201 A Co JO#202 B Co. JO#203 C Co. JO#204 D Co. JO#205 E Co. 750,000 500,000 100,000 50,000 100,000 2,000,000 5,000,000 7,500,000 400,000 600,000 Applied factory overhead is 50% of direct labor. The quantity to be produced are as follows: Quantity produced (units) JO#201 A Co 800 JO#202 JO#203 JO#204 B Co. 500 C Co. D Co. 1,000 5,000 JO#205 E Co. 5,000 Additional information: a. Factory overhead is applied at 50% of direct labor cost. b. There was no finished good inventory beginning. c. At the beginning of June, Job Nos. 201 and 202 are still in process. d. During the month of June, Job Nos. 203, 204, and 205 were started. e. At the end of June, the following jobs were completed: JO# 201,202, 203 and 204. Still in process was JO#205. f. Job nos. 201, 202 and 203 were delivered to the customer during the month. Job nos. 201 and 202 was sold at 50% above cost while Job no. 203 was sold at 50% gross profit rate. Job no. 204 was still in the warehouse at the end of June, to be delivered in the first week of July, 2020. Q1. How much is the total factory cost? Q2. How much is the total work in process, beginning? Q3. How much is the work in process, end? Q4. How much is the total cost of goods manufactured? Q5. How much is the finished goods inventory, end? Q6. How much is the total cost of sales? Q7. How much is the total sales for June, 2020? Q8. How much is the unit cost per drum of Job 201? Q9. How much is the unit cost per drum of Job 202? Q10: How much is the unit cost per drum of Job 203?

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