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Silicon Valley Corporation (SVC), which produces keyboards for personal computers. We assume the following information for SVC for the month of April There are no
Silicon Valley Corporation (SVC), which produces keyboards for personal computers. We assume the following information for SVC for the month of April There are no beginning inventories of direct material. Moreover, there is cerebral and ending work in process SVC has only one direct manufacturing cout strategy Direct material and one indirect manufacturing cost category conversion costs. All manufacturing labor costs are included in conversion costs From its bill of materials and an operations list, SVC determines that direct material cost per keyboard unit is P20 and estimated conversion cost is P10 SV purchases P1,880,000 of direct material. Actual conversion costs equal P1,200,000 SVC produces 90,000 good keyboard units and ses 37,000 units Any under allocated or over allocated conversion costs are written off to Cost of us sold at the end of the month If trigger points are purchase and sale, the hackflushed amount from cost of goods sold to finished spads would be
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