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Question 9 Coco Company presents the result of its manufacturing operations for 2021: Direct materials January 01, 2020 December 31, 2020 36,000.00 30,000.00 18,000.00
Question 9 Coco Company presents the result of its manufacturing operations for 2021: Direct materials January 01, 2020 December 31, 2020 36,000.00 30,000.00 18,000.00 12.000.00 54,000.00 72,000.00 Work in process Finished goods Additional information for the year 2020: Direct materials purchased Php84,000 Direct manufacturing labor payroll Php60,000 Direct manufacturing labor rate per hour 7.50 Factory overhead rate per direct labor hour 10.00 What was 2020's cost of goods manufactured? Question 6 The cost accounts at the Babel Company regressed total overhead costs and direct labor hours for the past 30-months and reported the following results: Slope Intercept Correlation coefficient Php41.27 Php596.36 0.934 What is the estimated overhead cost if 225 direct labor hours are expected to be used in the upcoming period? (Round to the nearest peso) O Php10,534 P9.882 O P9,230 O P8,617 P9.548 Question 7
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