Solution-Find cost of goods manufactured and direct

Find cost of goods manufactured and direct materials used

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Reference no: EM132561150

The following data are available for Justine Corporation for the year ending December 31, 2009:

January 1 December 31

Inventories

Materials P120, 000 P180, 000

Work in Process P190, 000 P158, 000

Finished Goods P102, 000 P130, 000

Direct Labor cost P300, 000

Materials purchased P380, 000

Factory overhead applied- at 150% of direct labor cost

Question 1) Direct materials used

Question 2) Total manufacturing cost

Question 3) Cost of goods manufactured

Question 4) Cost of goods sold

Reference no: EM132561150

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Find cost of goods manufactured and direct materials used

Reference no: EM132561150

Reference no: EM132561150

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