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please answer all. thank you The Ram Manufacturing Company produced P100,000 units during the year ended December 31, 2009. It incurred the following costs for

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The Ram Manufacturing Company produced P100,000 units during the year ended December 31, 2009. It incurred the following costs for the year Materials P75, 000 (10% is indirect materials) Labor P97,000 (7% is indirect labor) Factory Overhead 125% of direct labor cost WIP - January 1 P25, 500 WIP - December 31 P27,000 How much is the total prime cost? PROBLEM 1 The Ram Manufacturing Company produced P100, 000 units during the year ended December 31, 2009. It incurred the following costs for the year Materials P75,000 (10% is indirect materials) Labor P97,000 (7% is indirect labor) Factory Overhead 125% of direct labor cost WIP - January 1 P25, 500 WIP - December 31 P27,000 How much is the Total manufacturing cost? do not put comma on your answer. PROBLEM 1 The Ram Manufacturing Company produced P100,000 units during the year ended December 31, 2009. It incurred the following costs for the year Materials P75,000 (10% is indirect materials) Labor P97,000 (7% is indirect labor) Factory Overhead 125% of direct labor cost WIP - January 1 P25, 500 WIP - December 31 P27,000 How much is the Company's cost of goods manufactured? do not put comma on your answer. Problem 2 Donna Company submits the following data for May 2013 Direct labor cost P80,000 Purchases P100,000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45,000 P24, 000 Work in Process P25, 800 P18, 000 Materials P22,000 P25,000 How much is the over or under applied overhead if the actual overhead is 100,000? Just put the amount (do not write if over or under), Problem 2 Donna Company submits the following data for May 2013 Direct labor cost P80,000 Purchases P100,000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45,000 P24, 000 Work in Process P25, 800 P18, 000 Materials P22, 000 P25,000 How much is the direct materials used? Problem 2 Donna Company submits the following data for May 2013 Direct labor cost P80,000 Purchases P100,000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45,000 P24,000 Work in Process P25, 800 P18, 000 Materials P22, 000 P25,000 How much is the adjusted COGS after closing the over or under applied overhead to the monthly cost of goods sold? Problem 2 Donna Company submits the following data for May 2013 Direct labor cost P80,000 Purchases P100,000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45,000 P24, 000 Work in Process P25, 800 P18, 000 Materials P22, 000 P25,000 How much is the Company's Cost of goods sold unadjusted? Problem 3 Kyle Manufacturing Company produces various types of fertilizers. No beginning work in process or finished goods were on hand on January 1, 2012. The following are data provided by the company: 30,000 finished goods were on hand on December 31, 2012. 95,000 units were sold during the year No units in work in process inventories on December 31, 2012. Materials put into production amounts to P300, 000, 75% were direct materials (No beginning or ending materials inventory) Labor costs were P350,000, 40% was for indirect labor Factory overhead costs other than indirect material and indirect labor were the following: Heat, light, water P120,000 Depreciation P75,000 Property Taxes P65,000 Repairs and maintenance P40,000 Selling Expenses were P80,000 and general and administrative expenses were P50,000. Compute for the Unit Cost (cost per unit of goods manufactured) Problem 3 Kyle Manufacturing Company produces various types of fertilizers. No beginning work in process or finished goods were on hand on January 1, 2012. The following are data provided by the company: 30,000 finished goods were on hand on December 31, 2012. 95, 000 units were sold during the year No units in work in process inventories on December 31, 2012. Materials put into production amounts to P300, 000, 75% were direct materials (No beginning or ending materials inventory) Labor costs were P350, 000, 40% was for indirect labor Factory overhead costs other than indirect material and indirect labor were the following: Heat, light, water P120,000 Depreciation P75,000 Property Taxes P65,000 Repairs and maintenance P40,000 Selling Expenses were P80,000 and general and administrative expenses were P50,000. Compute for the Period Cost Problem 3 Kyle Manufacturing Company produces various types of fertilizers. No beginning work in process or finished goods were on hand on January 1, 2012. The following are data provided by the company: 30,000 finished goods were on hand on December 31, 2012. 95,000 units were sold during the year No units in work in process inventories on December 31, 2012. Materials put into production amounts to P300, 000, 75% were direct materials (No beginning or ending materials inventory) Labor costs were P350, 000, 40% was for indirect labor Factory overhead costs other than indirect material and indirect labor were the following: Heat, light, water P120,000 Depreciation P75,000 Property Taxes P65, 000 Repairs and maintenance P40,000 Selling Expenses were P80,000 and general and administrative expenses were P50,000. Compute the Prime Cost Problem 3 Kyle Manufacturing Company produces various types of fertilizers. No beginning work in process or finished goods were on hand on January 1, 2012. The following are data provided by the company: 30,000 finished goods were on hand on December 31, 2012. 95, 000 units were sold during the year No units in work in process inventories on December 31, 2012. Materials put into production amounts to P300, 000, 75% were direct materials (No beginning or ending materials inventory) Labor costs were P350, 000, 40% was for indirect labor Factory overhead costs other than indirect material and indirect labor were the following: Heat, light, water P120,000 Depreciation P75, 000 Property Taxes P65,000 Repairs and maintenance P40,000 Selling Expenses were P80,000 and general and administrative expenses were P50,000. Compute the Cost of goods manufactured Problem 3 Kyle Manufacturing Company produces various types of fertilizers. No beginning work in process or finished goods were on hand on January 1, 2012. The following are data provided by the company: 30,000 finished goods were on hand on December 31, 2012. 95,000 units were sold during the year No units in work in process inventories on December 31, 2012. Materials put into production amounts to P300, 000, 75% were direct materials (No beginning or ending materials inventory) Labor costs were P350, 000, 40% was for indirect labor Factory overhead costs other than indirect material and indirect labor were the following: Heat, light, water P120,000 Depreciation P75,000 Property Taxes P65,000 Repairs and maintenance P40,000 Selling Expenses were P80,000 and general and administrative expenses were P50,000. Compute for the Cost of Goods Sold Problem 3 Kyle Manufacturing Company produces various types of fertilizers. No beginning work in process or finished goods were on hand on January 1, 2012. The following are data provided by the company: 30,000 finished goods were on hand on December 31, 2012. 95,000 units were sold during the year No units in work in process inventories on December 31, 2012. Materials put into production amounts to P300, 000, 75% were direct materials (No beginning or ending materials inventory) Labor costs were P350, 000, 40% was for indirect labor Factory overhead costs other than indirect material and indirect labor were the following: Heat, light, water P120,000 Depreciation P75,000 Property Taxes P65, 000 Repairs and maintenance P40,000 Selling Expenses were P80,000 and general and administrative expenses were P50,000. Compute the Conversion Cost Problem 4 Sharp Enterprises Inventories: March 1 March 31 Raw material $18,000 $15,000 Work in process 9,000 6,000 Finished goods 27,000 36,000 Additional information for March: Raw material purchased $42,000 Direct labor payroll 30,000 Direct labor rate per hour 7.50 Overhead rate per direct labor hour 10.00 For March, conversion cost incurred was Problem 4 Sharp Enterprises Inventories: March 1 March 31 Raw material $18,000 $15,000 Work in process 9,000 6,000 Finished goods 27,000 36,000 Additional information for March: Raw material purchased $42,000 Direct labor payroll 30,000 Direct labor rate per hour 7.50 Overhead rate per direct labor hour 10.00 For March, Cost of Goods Manufactured was

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