Question
u Ethel Corp uses job order costing system and the following information is give. The company has three jobs in process, Job # 1, Job
u Ethel Corp uses job order costing system and the following information is give. The company has three jobs in process, Job # 1, Job # 2, Job # 3. P840,000 8.50 120% Raw materials used Direct labor per hour Factory overhead applied based on direct labor cost Direct materials were requisitioned as follows for each job: 30%, 25% and 25%, respectively and the balance is for indirect materials. Direct labor hours per job are: 17,500; 21,700; and 29,400, respectively. Indirect labor incurred is P231,000. Other actual factory overhead costs incurred totaled P252,000. The total amount of actual factory overhead incurred is: O d. 483.000 O b. 699.720 O a. 651.000 Oc252.000
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