The following data are presented: Budgeted 50,000 Actual 55,000 P800,000 Production in units Manufacturing P750,000 overhead Sales in units No data 47,000 No beginning inventories The under-applied or over-applied overhead is (M) a. P25,000 under-applied. b. P25,000 over-applied. 1097 C. P75,000 over-applied. d. P75,000 under-applied. RPCP

The following data are presented: Budgeted 50,000 Actual 55,000 P800,000 Production in units Manufacturing P750,000 overhead Sales in units No data 47,000 No beginning inventories The under-applied or over-applied overhead is (M) a. P25,000 under-applied. b. P25,000 over-applied. 1097 C. P75,000 over-applied. d. P75,000 under-applied. RPCP

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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