Solution-How much of the total cost should be allocated to

How much of the total cost should be allocated to Class B

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Question - Bonifacio Factory started operations in 2019. Bonifacio manufactures bath towels. 60% of the production are "Class A" which sell for P300 per dozen and 40% are "Class B" which sell for P150 per dozen. During 2019, 6,000 dozens were produced at an average cost of P360 per dozen. The inventory at the end of the year was as follows:

400 dozens "Class A" @ P180	P 72,000
500 dozens "Class B" @ P180	90,000
	P 162,000

Using the relative sales value method, how much of the total cost should be allocated to "Class B"?

Reference no: EM132429296

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How much of the total cost should be allocated to Class B

Reference no: EM132429296

Reference no: EM132429296

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