PROBLEM 2 STI Company uses a job order cost system for its manufacturing activities During the month of June 2020, the following transaction data were accumulated a, Job in process, June 1 Job 40 P 20,000 Job 41 60,000 b Raw material purchased, P720,000 c Raw materials and supplies requisitioned from the stockroom Job 40 P 100,000 Job 41 270,000 Job 42 240,D00 General factory usage 40,000 GOU DOQ d Total factory payroll accrued and paid Job 40 p 200,000 Job 41 200,000 Job 42 220,000 Direct Labor 620,000 Indirect Labor 60,000 Payroll deductions Income tax withheld 5 SSS contributions 7,500 Phil Health contributions 2,400 Pag ibig contributions 2,000 Employer's share In sss contributions 10,200

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PROBLEM  2 STI Company uses a job order cost system for its manufacturing activities  During the month of June 2020, the following transaction data were accumulated  a, Job in process, June 1  Job 40 P 20,000 Job 41 60,000 b  Raw material purchased, P720,000 c  Raw materials and supplies requisitioned from the stockroom Job 40 P 100,000 Job 41 270,000 Job 42 240,D00 General factory usage 40,000 GOU DOQ d  Total factory payroll accrued and paid Job 40 p 200,000 Job 41 200,000 Job 42 220,000 Direct Labor 620,000 Indirect Labor 60,000 Payroll deductions Income tax withheld 5  SSS contributions 7,500 Phil  Health contributions 2,400 Pag ibig contributions 2,000   Employer's share In   sss contributions 10,200

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PROBLEM #2 STI Company uses a job order cost system for its manufacturing activities. During the month of June 2020, the following transaction data were

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