The following T-accounts have incomplete postings; however, the amounts shown therein are correct:

Direct materials		Work in process
DEBIT	CREDIT	DEBIT	CREDIT
Beg. Bal. 10,000	2,000	Beg. Bal. 1,000	25,000
30,000		15,000

Finished goods		Cost of goods sold
DEBIT	CREDIT	DEBIT	CREDIT
Beg. Bal 2,500	18,000

Factory overhead control		Accounts payable
DEBIT	CREDIT	DEBIT	CREDIT
4,200		2,000	Beg. Bal. 25,000

Factory overhead

Additional information:

1. The debit of Php 15,000 to work in process represents direct materials issued for the month.

2. Factory overhead is applied at a rate of Php 0.50 per direct labor hour.

3. Work ticket for the month totaled 10,000 direct labor hours. Factory workers receive Php1.00 per hour.

Requirements:

Direct materials inventory, end

Direct labor charged to production

Defective materials returned to suppliers

Work in process inventory, end

Finished goods inventory, end

Cost of goods sold