Solution-Determine the manufacturing cost per good pair

Determine the manufacturing cost per good pair

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Problem - Marikina Shoe Company had a production run of 10,000 pairs of quality shoes during the month of June, at the following costs per pair:

Materials P200.00

Labor 450.00

Overhead (125% of DL)

Final inspection revealed that 50 pairs were spoiled which were sold as seconds for P20,000. The good units were then shipped to the customer at cost plus 50% mark-upon cost. 1.

Assuming the spoilage is a result of internal failure, determine the manufacturing cost per good pair.

Reference no: EM132868450

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Determine the manufacturing cost per good pair

Reference no: EM132868450

Reference no: EM132868450

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