Question
What would be the selling price per unit if the spoilage loss is common to Job AAA and the company maintains a 40% mark-up on
X Company's Job AAA manufactured 12,000 units that were completed in April at unit costs presented as follows: Direct materials P300 270 Direct labor Factory overhead (excluding allowance of P15 For spoiled work) 225 Final inspection of Job AAA disclosed 1,200 spoiled units, which were sold for P300,000.
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Fundamental Managerial Accounting Concepts
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