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The prime cost and the total production cost of a manufacturing business for the year ending 31.03.2019 were Php 900 000 and Php 1 600
The prime cost and the total production cost of a manufacturing business for the year ending 31.03.2019 were Php 900 000 and Php 1 600 000 respectively. The work-in-progress inventories, which were measured at production cost as at 31.12 2018 and 31.12.2019 were Php 200 000 and Php 330 000 respectively. What is the production overheads for the year ending 31.12.2019?
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