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Question 29 (1 point) D Wonder Landscape Co. began operations on November 1, 2019. Its Work in Process inventory account on November 30 appeared
Question 29 (1 point) D Wonder Landscape Co. began operations on November 1, 2019. Its Work in Process inventory account on November 30 appeared as follows: Direct Materials Work in Process Inventory 360,500Cost of Completed Jobs Direct Labor 960,000 Applied Factory OH 1,056,000 The company applies overhead on the basis of direct labor cost. Only one job was still in process on November 30. That job had P83,375 in direct material and P234,000 in direct labor cost assigned to it. Required: Note: Do NOT put any peso sign or percentage sign. PUT commas. 1. What was the predetermined overhead rate? Question 30 (1 point) 2. What was the balance in Work in Process Inventory at the end of May? Question 31 (1 point) 3. What was the total cost of jobs completed in May? E Question 32 (1 point) Delex Company had the following inventories at the beginning and end of January: January 1 January 31 Materials P50,000 P112,500 Work in Process ? 462,500 Finished Goods 162,500 287,500 During January, the cost of materials purchased was P400,000 and factory overhead of P312,500 was applied at a rate of 125% of direct labor cost. July Cost of Goods Sold was P600,000. Determine the: Note: Do NOT put any peso sign. PUT commas. 1. Cost of goods manufactured Question 33 (1 point) 2. Cost of goods sold P
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questions293031 Company Wonder Landscape Co Start Date November 1 2019 Overhead Application Based on direct labor cost Job in Process One job with direct material and direct labor costs Given Data Wor...Get Instant Access to Expert-Tailored Solutions
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