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Chapter 6 Seatwork
Chapter 6 Seatwork
1BSA
Requirement 1
Company X:
= P432,000
60,000 Direct Labor hours
Company Y:
= P270,000
90,000 Machine-hours
= P3 per Machine-hours
Company Z:
= P384,000
P240,000 materials cost
Requirement 2
Actual overhead costs incurre P420,000
Overhead cost applied to Work in Process:
58,000* actual hours × P7.20 per hour 417,600
Underapplied overhead cost P 2,400