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Selected accounts are presented as follows: WORK-IN -PROCESS DEBIT CREDIT Nov 1 Balance 30 DM P 275.000 Nov 30 FG P 1.050.000 30 DL 30
Selected accounts are presented as follows: WORK-IN -PROCESS DEBIT CREDIT Nov 1 Balance 30 DM P 275.000 Nov 30 FG P 1.050.000 30 DL 30 FOH ? 350.250 ? FINISHED GOODS DEBIT Nov 1 to 30 Costs incurred P145,000 CREDIT Nov 1 Balance 30 Applied 30% of DL (cast P15.000 The balance of Work in Process at November 30 is P215.700 The amount charged to Work in Process for FACTORY OVERHEAD in November was P
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