Build Company is a manufacturing company and uses job order costing system. At the beginning of 2022, there were no jobs in process, but the following costs were incurred during the year: Job A Job C...

Extracted text: Build Company is a manufacturing company and uses job order costing system. At the beginning of 2022, there were no jobs in process, but the following costs were incurred during the year: Job A Job C 15,000 2,500 Job B Direct materials Direct labor 10,000 20,000 4,000 5,000 Build Company also estimated in 2022 an overhead in the amount of P300,000 and direct labor cost in the amount of P150,000. Actual overhead incurred for the year was P24,000. It was the company's policy to apply overhead into production based on direct labor costs. At the end of the year, only Jobs A and C were completed. What is the cost of goods manufactured at the end of the year? A. 47,500 В. 32,500 C. 56,500 D. 48,500 A В C O D