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Compute the amount of applied factory overhead

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Reference no: EM132714737

Question - The following information was taken from the records of PARIS Manufacturing Company:

Increase in Finished Goods P36,500

Purchases P70,000

Increase in work in process P18,200

Direct labor P84,875

Decrease in raw materials P9,700

Work in process, beginning P64,000

Total costs placed in process P310,000

Required -

1. Compute the amount of cost of goods sold?

2. Compute the amount of applied factory overhead?

Reference no: EM132714737

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