70. The following account balance were taken from Entity C for the quarter ending March 31, 2021.10.16 * Inventories: January 1 March 31 Raw materials P120,000 250,000 P105,000 Work in process...


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70. The following account balance<br>were taken from Entity C for the<br>quarter ending March 31, 2021.10.16 *<br>Inventories:<br>January 1<br>March 31<br>Raw materials<br>P120,000<br>250,000<br>P105,000<br>Work in process<br>Finished goods<br>275,000<br>170,000<br>290,000<br>Amortization of Trademark<br>P 50,000<br>Depreciation - Factory<br>Depreciation - Office<br>40,000<br>48,000<br>308,000<br>45,000<br>65,000<br>Direct Labor<br>Indirect Labor<br>Indirect Materials<br>Fright-In<br>5,000<br>110,000<br>Purchases<br>- Raw Materials<br>Rent Expense - Factory<br>How much is the total manufacturing cost?<br>25,000<br>O A. P635,000<br>B. P648,000<br>O C. P663,000<br>O D. P690,000<br>

Extracted text: 70. The following account balance were taken from Entity C for the quarter ending March 31, 2021.10.16 * Inventories: January 1 March 31 Raw materials P120,000 250,000 P105,000 Work in process Finished goods 275,000 170,000 290,000 Amortization of Trademark P 50,000 Depreciation - Factory Depreciation - Office 40,000 48,000 308,000 45,000 65,000 Direct Labor Indirect Labor Indirect Materials Fright-In 5,000 110,000 Purchases - Raw Materials Rent Expense - Factory How much is the total manufacturing cost? 25,000 O A. P635,000 B. P648,000 O C. P663,000 O D. P690,000

Jun 02, 2022
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