The records of Smiley Company show that the total manufacturing costs for the period amounted to P500,000

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The records of Smiley Company show that the total manufacturing costs for the period amounted to P500,000 of which conversion cost is P225,000. The raw materials ledger show that the raw materials beginning is P50,000 and raw materials at the end is P60,000. How much is the cost of raw materials is purchased?

Posted Date: May 11, 2024 03:08 AM

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The records of Smiley Company show that the total manufacturing costs for the period amounted to P500,000

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