Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. jacksonville company uses a job order costing syst

Jacksonville Company uses a job order costing system. During May, the following costs appeared in...

90.2K

Verified Solution

Question

Accounting

Jacksonville Company uses a job order costing system. During May, the following costs appeared in the Work in process inventory account:

Beginning balance P30, 000

Direct materials used P90, 000

Direct labor incurred P75, 000

Applied overhead P52, 500

Cost of Goods manufactured P225, 000

  1. Jacksonville Company applies overhead on the basis of direct labor cost. There was only one job left in work in process at the end of May which contained P6, 300 of overhead. What amount of direct material was included?
  1. P7, 200
  2. P9, 000
  3. P11, 160
  4. P11, 790

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Packer Fan Tours is the official tour company for the Green Bay Packers of the NFL....

Basic Math
Q

Organic Structures Shapes and Isomerism Hands-On Labs, Inc. Version 42-0183-00-02 Lab Report Assistant This document is not meant to...

Chemistry
Q

Copernicus's heliocentric model and Ptolemy's geocentric model were each developed to provide a description of the...

Physics
Q

In a double flash geothermal power plant, the high-pressure separator is operating at 1 MPa and the...

Mechanical Engineering
Q

If x 9 find x O f x 4x 948 1 O f x 4...

Calculus
Q

et x 0 Find y using implicit differentiation if xy y 1 0

Calculus
Q

Evaluate the definite integral 1 0 32x7 dx

Calculus
Q

Accounting
Q

Current Attempt in Progress On December 31,...

Accounting
Q

The following monthly data are taken from Ramirez Company at July 31: Sales salaries, $520,000,...

Accounting
Q

Current Year Previous Year $190,000 84,000 106,000 52,000 5,600 48,400 14,520 $ 33,880 $ 163,000...

Accounting
Q

Part 2 Handy Bag also produces 1,000 bags for export per month for a fixed...

Accounting