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Question 23 2 pts Problem 6 Donna Company submits the following data for May 2013 Direct labor cost P180.000 Purchases P200,000 Factory overhead Applied at
Question 23 2 pts Problem 6 Donna Company submits the following data for May 2013 Direct labor cost P180.000 Purchases P200,000 Factory overhead Applied at 110% of direct labor cost Inventories May 1 May 31 Finished goods PSS.GOO P324.000 Work in Process P75.000 P18.000 Materials P132,000 P18.000 Actual factory overhead amounts to P180,000 How much is the adjustment posted on the cost of Goods sold Account? Question 24 2 pts Problem 6 Donna Company submits the following data for May 2013 Direct labor cost P180,000 Purchases P200,000 Factory overhead Applied at 110% of direct labor cost Inventories May 1 May 31 Finished goods P55,000 P324,000 Work in Process P75.000 P18.000 V Matecials P132 000 P18,000 Actual factory overhead amounts to P180,000 How much is the amount transferred out from Finished Goods
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