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with solutions please Nincada Inc Inc has provided the following data for the month of September. There were no beginning inventories; consequently, the direct materials,
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Nincada Inc Inc has provided the following data for the month of September. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work-in- Process Cost of Goods Finished Goods Sold Total Direct Materials P 3,450 P 5,800 P8,500 P 17,750 5,750 5,250 7,700 18,700 Direct Labor Applied Overhead 6,100 10,950 5,500 22,550 Total P 15,300 P 22,000 P 21,700 P 59.000 Manufacturing overhead for the month was overapplied by P5,000. The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the ending balances in those accounts. D Question 13 1 pts Nincada's Work-in-Process for the month after allocation of any underapplied or overapplied overhead is closest to P Step by Step Solution
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