Problem-1TIKTOK COMPANY uses a job order cost system and applies factory overhead to production orderson the basis of direct labor costs. The overhead rates for 2020 are 200% for Dept-A and 50% for Dept-B. JOB -321 started and completed during 2020, was chargedwith the following costs:

DEPARTMENT_____

AB____

Direct MaterialsP25,000P5,000

Direct Labor ?30,000

Factory Overhead 40,000?

Solve for the following:

1. Direct Labor for DEPT-A..................................P ___________________
2. Factory Overhead for DEPT-B................................P ___________________
3. Total Direct Materials................................. P____________________
4. Total Direct Labor................................P ___________________
5. Total Factory Overhead................................P ___________________
6. Total Cost JOB Order 321................................P ___________________