The following data are available for Justine Corporation for the year ending December 31, 2009 January 1 December 31
Inventories Materials P100, 000 P150, 000
Work in process P180, 000 P128, 000
Finished Goods P90, 000 P110, 000
Direct labor cost P290, 000
Materials purchased P320, 000
Factory overhead – applied at 120% of direct labor cost
21. Direct materials used
22. Total manufacturing cost
23. Cost of good manufactured
24. Cost of goods sold
Get Answers For Free
Most questions answered within 1 hours.