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Show all your workings? Near Company's Job 205 for the manufacture of 6,600 coats was completed during February at the following unit costs: Direct materials,
Show all your workings?
Near Company's Job 205 for the manufacture of 6,600 coats was completed during February at the following unit costs: Direct materials, P1,500 - Direct labor, P1,000 - FOH ( including an allowance of P50 for spoiled work), P500 Final inspection of Job 205 disclosed 600 spoiled coats which were sold to a jobber for P600,000. Assume that spoilage loss is due to the exact specifications of the customer, what would be the unit cost of the good coats produced on Job 205Step by Step Solution
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