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WORK IN PROCESS Debit Credit P100,000 ? Directie 2 ? Ending Be P131.040 FINISHED GOODS Debat Credit Beginningalance P11.200 301.000 324.800 Endine Balance P142.000 FACTORY

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WORK IN PROCESS Debit Credit P100,000 ? Directie 2 ? Ending Be P131.040 FINISHED GOODS Debat Credit Beginningalance P11.200 301.000 324.800 Endine Balance P142.000 FACTORY OVERHEAD Debt Credit P90,720 093240 The DIRECT MATERIAL cost amount to P April Production Costs The job order cost sheets used by Greene Company revealed the following Job No Balance, April 1 124 P17.000 125 12.000 126 0 P 0 3,000 9.000 Job No. 125 was completed during April and Jobs No. 124 and 125 were shipped to customers in April. COST OF GOODS SOLD for the month of April amount to Wandrie Inc. has provided the following data for the month of April. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month Worte-In-Process Cost of Goods Sold Finished Goods Total P102,260 Direct materials P 6,320 P15.860 P 80.000 Direct labor 5.450 15.250 77.000 97.700 Applied Overhead 5.840 10.950 56.210 73,000 Total P 17.610 P42,060 P213.290 P 272,960 Manufacturing overtiead for the month was overapplied by P3,000. 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 total costs of each of these accounts during the month The Work-in-Process for April after allocation of any underapplied or overapplied overhead for the month is closest to

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