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Computation

The document contains calculations of manufacturing costs including direct materials, direct labor, manufacturing overhead, work in process beginning and ending balances, and cost of goods manufactured across multiple periods.

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26 views4 pages

Computation

The document contains calculations of manufacturing costs including direct materials, direct labor, manufacturing overhead, work in process beginning and ending balances, and cost of goods manufactured across multiple periods.

Uploaded by

asdf
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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3 DIRECT MATERIALS ₱ 58,000.

00
DIRECT LABOR ₱ 66,000.00
MANUFACTURING OVERHEAD ₱ 90,000.00
TOTAL MANUFACTURING COSTS ₱ 214,000.00
WIP, BEG ₱ 30,000.00
LESS: WIP END ? ₱ 24,000.00
COST OF GOODS MANUFACTURED ₱ 220,000.00

4 COST OF GOODS MANUFACTURED ₱ 420,000.00


FINISHED GOODS INVENTORY, BEG ₱ -
LESS: FINISHED GOODS INVENTORY, END ₱ 60,000.00
COST OF GOODS SOLD ₱ 360,000.00

5 TOTAL MANUFACTURING COSTS ₱ 254,000.00


WORK IN PROCESS, BEG ₱ 140,000.00
LESS: WORK IN PROCESS, END ₱ 150,000.00
COST OF GOODS MANUFACTURED ₱ 244,000.00
FINISHED GOODS, BEG ₱ 110,000.00
LESS: FINISHED GOODS, END ₱ 102,000.00
COST OF GOODS SOLD ₱ 252,000.00

6 MATERIALS, BEG ₱ 34,000.00


MATERIALS PURCHASED ? ₱ 46,000.00
LESS: MATERIALS, END ₱ 40,000.00
DIRECT MATERIALS USED ₱ 40,000.00

7 TOTAL MANUFACTURING COST ? ₱ 540,000.00


WIP, BEG ₱ -
LESS: WIP, END ₱ 120,000.00
COST OF GOODS MANUFACTURED ₱ 420,000.00

8 TOTAL MANUFACTURING COST ₱ 139,800.00


WIP, BEG ₱ 18,500.00
LESS: WIP, END ₱ 22,500.00
COST OF GOODS MANUFACTURED ₱ 135,800.00

9 TOTAL MANUFACTURING COST ? ₱ 165.00


WIP, BEG 100% ₱ 125.00
LESS: WIP, END DECREASED 60% (100-60) = 40% ₱ 50.00
COST OF GOODS MANUFACTURED ₱ 240.00

10 TOTAL MANUFACTURING COST ? ₱ 275,750.00


WIP, BEG 100% ₱ 26,250.00
LESS: WIP, END INCREASED 60% (100%+60%) = 160% ₱ 42,000.00
COST OF GOODS MANUFACTURED ₱ 260,000.00

11 DIRECT MATERIALS USED ₱ 350,000.00


DIRECT LABOR ₱ 225,000.00
MANUFACTURING OVERHEAD ₱ 400,000.00
INVENTORIABLE COST / TOTAL MANUFACTURING COST ₱ 975,000.00

12 TOTAL MANUFACTURING COST ₱ 260,000.00


WIP, BEG 100% ₱ 70,000.00
LESS: WIP, END DECREASED 40% (100-40) = 60% ₱ 42,000.00
COST OF GOODS MANUFACTURED ₱ 288,000.00

13 MATERIALS, BEG ₱ 35,000.00


DIRECT MATERIALS PURCHASED ? ₱ 288,000.00
LESS: MATERIALS, END ₱ 22,000.00
DIRECT MATERIALS USED ₱ 301,000.00
DIRECT LABOR ₱ 124,000.00
MANUFACTURING OVERHEAD ₱ 153,000.00
TOTAL MANUFACTURING COST ₱ 578,000.00
WIP, BEG ₱ 81,000.00
LESS: WIP, END ₱ 70,000.00
COST OF GOODS MANUFACTURED ₱ 589,000.00

14 MATERIALS, BEG ₱ 42,000.00


DIRECT MATERIALS PURCHASED ? ₱ 67,000.00
LESS: MATERIALS, END ₱ 29,000.00
DIRECT MATERIALS USED ₱ 80,000.00
DIRECT LABOR ₱ 156,000.00
MANUFACTURING OVERHEAD ₱ 180,000.00
TOTAL MANUFACTURING COST ₱ 416,000.00
WIP, BEG ₱ 53,000.00
LESS: WIP, END ₱ 61,000.00
COST OF GOODS MANUFACTURED ₱ 408,000.00

15 DIRECT MATERIALS USED ₱ 27,000.00


DIRECT LABOR 100% ₱ 30,000.00
MANUFACTURING OVERHEAD 75% OF DIRECT LABOR ₱ 22,500.00
TOTAL MANUFACTURING COST ₱ 79,500.00
WIP, BEG ₱ 9,000.00
LESS: WIP, END ? ₱ 19,200.00
COST OF GOODS MANUFACTURED ₱ 69,300.00
TMC + WIP, BEG - COGM

DM USED + MATERIALS END - MATERIALS BEG

COGM + WIP, END - WIP, BEG

COGM + WIP, END - WIP, BEG

COGM + WIP, END - WIP, BEG


WIP,END / 40%

COGM + WIP, END - WIP, BEG


WIP,END / 160%
WIP, END / 60%

DIRECT MAT. USED + MATERIALS, END - MATERIALS BEG.

TMC - DIRECT LABOR - MANUFAC. OH

COGM+WIP,END-WIP,BEG

DIRECT MAT. USED + MATERIALS, END - MATERIALS BEG.

TMC - DIRECT LABOR - MANUFAC. OH

COGM+WIP,END-WIP,BEG

TMC + WIP, BEG - COGM

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