What is the January 31 balance of Materials account? (input the amount with a comma if necessary) ex. 100,000 On January 31, 2014, the genral ledger accounts of the Chosen Manufacturing Company are incomplete because the accountant had to undergo an emergency operation in ulcer. The treasurer, an old friend of yours, supplied you with the following accounts and three bits additional information: 4 points Materials Jan 1 P30,000 70,000 Work in Process Jan 1 P2,000 P 80,000 DM requisitioned 40,000 Accrued Payroll P2,000 Jan 1 80,000 Gross payroll of all factory workers Finished Goods Cost of Goods Sold Jan1 P20,000 60,000 Additional information: a. Applied factory overhead is credited for all indirect costs that are applied to production orders b. Time tickets for the month totaled 11,000 direct labor hours. All factory workers receive P6 per hour c. Indirect costs are applied at a rate of P4 per direct labor hour. Ignoring payroll taxes, how much is the total factory labor costs for the month of January? (input the amount with a comma if necessary) ex. 100,000 2 points On January 31, 2014, the genral ledger accounts of the Chosen Manufacturing Company are incomplete because the accountant had to undergo an emergency operation in ulcer. The treasurer, an old friend of yours, supplied you with the following accounts and three bits additional information: Materials Jan 1 P30,000 70,000 Work in Process Jan 1 P2,000 P 80,000 DM requisitioned 40,000 Accrued Payroll P2,000 Jan 1 80,000 Gross payroll of all factory workers Finished Goods Cost of Goods Sold Jan1 P20,000 60,000 Additional information: a. Applied factory overhead is credited for all indirect costs that are applied to production orders b. Time tickets for the month totaled 11,000 direct labor hours. All factory workers receive P6 per hour c. Indirect costs are applied at a rate of P4 per direct labor hour. How much is the total direct labor costs that should have been charged to 4 points all the individual production orders worked on during January? (input the amount with a comma if necessary) ex. 100,000 On January 31, 2014, the genral ledger accounts of the Chosen Manufacturing Company are incomplete because the accountant had to undergo an emergency operation in ulcer. The treasurer, an old friend of yours, supplied you with the following accounts and three bits additional information: Materials Jan 1 P30,000 70,000 Work in Process Jan 1 P2,000 P 80,000 DM requisitioned 40,000 Accrued Payroll P2,000 Jan 1 80,000 Gross payroll of all factory workers Finished Goods Cost of Goods Sold Jan1 P20,000 60,000 Additional information: a. Applied factory overhead is credited for all indirect costs that are applied to production orders b. Time tickets for the month totaled 11,000 direct labor hours. All factory workers receive P6 per hour c. Indirect costs are applied at a rate of P4 per direct labor hour. How much is the total factory overhead costs that should have been charged to production? (input the amount with a comma if necessary) ex. 100,000 4 points On January 31, 2014, the genral ledger accounts of the Chosen Manufacturing Company are incomplete because the accountant had to undergo an emergency operation in ulcer. The treasurer, an old friend of yours, supplied you with the following accounts and three bits additional information: Materials Jan 1 P30,000 70,000 Work in Process Jan 1 P2,000 P 80,000 DM requisitioned 40,000 Accrued Payroll P2,000 Jan 1 80,000 Gross payroll of all factory workers Finished Goods Cost of Goods Sold Jan1 P20,000 60,000 Additional information: a. Applied factory overhead is credited for all indirect costs that are applied to production orders b. Time tickets for the month totaled 11,000 direct labor hours. All factory workers receive P6 per hour c. Indirect costs are applied at a rate of P4 per direct labor hour.