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HELPERS Co.'s Job 501 for the manufacture of 2,200 coats was completed during August at...

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Accounting

HELPERS Co.'s Job 501 for the manufacture of 2,200 coats was completed during August at the unit costs presented as follows. Final inspection of Job 501 disclosed 200 spoiled coats, which were sold to a jobber for P6,000.

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CoursHeroTranscribedText: Direct materials P20 Direct labor 18 Factory overhead (includes an allowance of P1 for spoiled work) 18 P56

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