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The following data are available for Justine Corporation for the year ending December 31, 2009: January 1 December 31 Inventories Materials P120, 000 P180, 000
The following data are available for Justine Corporation for the year ending December 31, 2009:
January 1 December 31
Inventories
Materials P120, 000 P180, 000
Work in Process P190, 000 P158, 000
Finished Goods P102, 000 P130, 000
Direct Labor cost P300, 000
Materials purchased P380, 000
Factory overhead applied- at 150% of direct labor cost
- Direct materials used
- Total manufacturing cost
- Cost of goods manufactured
- Cost of goods sold
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