1. Raw materials beginning balance is P20,000, raw materials ending is P34,000, and raw materials...
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Accounting
1. Raw materials beginning balance is P20,000, raw materials ending is P34,000, and raw materials purchases is P110,000. How much is cost of direct materials used? 2. Work-in-process beginning balance is P50,000, work-in-process ending is P43,000, finished goods beginning is 171,000, finished goods ending is P84,000, and total manufacturing costs is P220,000. a. How much is cost of goods placed into process? b. How much is cost of goods manufactured? C. How much is cost of goods available for sale? d. How much is cost of sales? 3. Finished goods ending balance is P98,000 which is 25% more than its beginning balance. Total manufacturing costs is P336,000, and work-in-process ending balance is p62,000 which is $10,000 less than its beginning balance. a. How much is cost of goods placed into process? b. How much is cost of goods manufactured? C. How much is cost of goods available for sale? d. How much is cost of sales? 4. Raw materials beginning balance is $24,000, raw materials ending is P30,000, cost of direct materials used is $120,000, and cost of indirect materials used is P5,000. How much is raw materials purchases cost
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