Solution-Compute what was the cost of job

Compute what was the cost of job

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Problem 1: The Richy Company uses the machine hour method of applying factory overhead to production. The budgeted factory overhead last year was P100,000, and there were 20,000 machine hours budgeted. Job 04 was started and completed during the period. Direct materials costing P450 were incurred. Twenty-five direct labor hours were worked at a cost of P175, and 20 machine hours were incurred. What was the cost of Job 04?

Reference no: EM132715548

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Compute what was the cost of job : Twenty-five direct labor hours were worked at a cost of P175, and 20 machine hours were incurred. What was the cost of Job 04?

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Compute what was the cost of job

Reference no: EM132715548

Reference no: EM132715548

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