Please see attached google drive MS WORD file for questions ( I WILL GIVE EXTRA TO THOSE WHO CAN ANSWER)

https://drive.google.com/file/d/1cL3LwKFV1wWNIUbeka1Z2m0T-RfWem6O/view?usp=sharing

You can also view the questions below. Thank you

During the month of January, Phinats Lhang Company's direct labor cost totaled P 36,000, and direct labor was 60% of prime cost. If total manufacturing costs during January were P85,000, the manufacturing overhead was __________

Determine the following: January 31 balance of work in process 

Determine the following: January 31 balance of finished goods inventory *

What is the peso amount of applied overhead _________

Determine the following: Total overhead charged to work in process during January *

What is the peso amount of estimated overhead _________?

Determine the following: January 31 materials inventory

What is the peso amount of actual overhead _________?

 
 
 
 
 
 

Transcribed Image Text:

www Incomplete accounts of the Shabak Akho Company appear as follows on January 31. Materials Inventory Debit Credit Balance. Purchase. P15,000 P35,000 Work in Process Inventory Debit Credit Balance. Cost of Goods Manufactured P40,000 Materials P20,000 Labor P? Overhead P? Work in Process Inventory Debit Credit Balance. P10,000 Cost of Goods Sold P20,000 Cost of Goods Manufactured P40,000 Additional information There were 5,500 direct labor hours at the rate of P 8.00 per direct labor hour. Overhead is applied at the rate of P 4.00 per direct labor hour. www Incomplete accounts of the Shabak Akho Company appear as follows on January 31. Materials Inventory Debit Credit Balance. Purchase. P15,000 P35,000 Work in Process Inventory Debit Credit Balance. Cost of Goods Manufactured P40,000 Materials P20,000 Labor P? Overhead P? Work in Process Inventory Debit Credit Balance. P10,000 Cost of Goods Sold P20,000 Cost of Goods Manufactured P40,000 Additional information There were 5,500 direct labor hours at the rate of P 8.00 per direct labor hour. Overhead is applied at the rate of P 4.00 per direct labor hour.