Extracted text: The following information relates to Pure Corporation for the past accounting period. Service Department Direct Costs A P80,000 B 60,000 Producing Department 15,000 D 20,00 0 Proportion of service by A to: B 10% C 60% D 30% Proportion of service by B to A 30% 20% D 50% 14.. Using the simultaneous method. Dept. A's allocated to Dept. C is a. P40,000 b. P58,800 с. Р60,619 d. P98,000
Extracted text: Marvin Company uses a job costing system and applies overhead to products on the basis of direct labor cost. Job no. 75, the only job in process on January 1, had the foîlowing costs assigned as of that date: direct materials, P40,000; direct labor, P80,000; and factory overhead, P120,000. The following selected costs were incurred during the year 2009: Traceable to jobs: Direct materials Direct labor Not traceable to jobs: Factory materials and supplies Indirect labor Plant maintenance P 178.000 350.000 P523,000 46,000 235,000 73,000 29.000 76,000 Depreciation on factory equipment Other factory costs Marvin's profit plan for the year included budgeted direct labor of P320.000 and factory overhead of P384,000 Assuming no work-in-process on Dec. 31, Marvin's overhead for the year was a. PI1,000 over-applied b. P24,000 over-applied 459,000 c. P39,000 wnder-applied d. PI1,000 under-applied