Question
The following cost incurred by Lucky corporation for October 2019 were as follows: Direct Materials used, P20,000 Indirect materials used, P1,000 Direct labor, P9,000 Indirect
The following cost incurred by Lucky corporation for October 2019 were as follows:
Direct Materials used, P20,000
Indirect materials used, P1,000
Direct labor, P9,000
Indirect labor, P5,000
Other factory cost, P5,000
Selling expenses,P10,000
Administrative expenses, P12,000
How much is the total product cost?
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Cost Accounting Foundations and Evolutions
Authors: Michael R. Kinney, Cecily A. Raiborn
8th Edition
9781439044612, 1439044619, 978-1111626822
