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Question 16 (1 point) Job cost records of Kent Company showed the following data: Total Cost of Job Job No. Date Started Date Finished
Question 16 (1 point) Job cost records of Kent Company showed the following data: Total Cost of Job Job No. Date Started Date Finished Date Sold at June 30 230 May 18 June 12 June 20 P6,000 231 May 20 June 19 June 21 4,000 232 June 7 July 5 July 12 7,000 233 June 10 June 28 July 1 6,500 234 June 19 July 16 July 25 8,000 Compute the: NOTE: Do NOT put peso sign. PUT commas. 1. WIP inventory at June 30 Question 17 (1 point) 2. Finished Goods inventory at June 30 Question 18 (1 point) 3. Cost of Goods Sold in June Question 19 (1 point) Information concerning Zian Company's manufacturing activities for November follows: Inventories November 1, 2019 November 30, 2019 Finished Goods P30,000 Direct Materials Direct Labor Machine Time P12,500 P7,500 150 hours Work in Process 7,500 units 5,000 units Direct Materials, P2.40 per unit Direct Labor, P0.80 per unit Machine Time Materials 120 hours 80 hours P20,000 P16,250 Total factory costs in November was P450,000, of which P75,000 was direct labor cost. A total of 600 machine hours were used for the month. The company uses a predetermined overhead rate of P100 per machine hour in assigning factory overhead to Work in Process and Finished Goods inventories. Materials purchased in November were P217,500 and Freight-In on these purchases totaled P3,750. Compute the: Note: Do NOT put peso sign. PUT commas. 1. Cost of Materials used for the month Question 20 (1 point) 2. Work in Process at November 30 Question 21 (1 point) 3. November Cost of Goods Manufactured A/ Question 22 (1 point) 4. Finished Goods Inventory at November 30 A Question 23 (1 point) 5. November Cost of Goods Sold Question 24 (1 point) Jehu Company uses job order costing. At the beginning of May, two jobs were in process:
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