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Total manufacturing cost. Direct labor cost incurred. Factory overhead applied to production. Direct material used. Total cost of goods in process. Work in process inventory,
Total manufacturing cost.
Direct labor cost incurred.
Factory overhead applied to production.
Direct material used.
Total cost of goods in process.
Work in process inventory, beg.
Cost of goods manufactured.
Work in process inventory, end.
The following job order cost detail pertains to the jobs that were in process at the Bolong Company during January: Job 66 Job 67 Job 68 P -- Cost charged in prior period P40,000 P15,000 Costs added in January: Direct materials 35,000 45,000 55,000 Direct labor 45,000 40,000 35,000 Factory overhead (P50 per machine hour) ? ? ? January machine hours used 720 640 560 Job orders 66 and 67 were completed and transferred to finished goods storeroom. Required: Determine the amount of the followingStep by Step Solution
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