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Cost accounting CoursHeroTranscribedText: What amount of conversion cost was added to the production in...

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Accounting

Cost accounting

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CoursHeroTranscribedText: What amount of conversion cost was added to the production in May? * 1 point Margo Company has a beginning inventory of direct materials on May 1 of P30,000 and an ending inventory on May 31 of P36,000. The following additional manufacturing cost data were available for the month of May: Direct materials purchased, P84,000 Direct labor, P60,000 Factory overhead, P80,000 O P80,000 O P138,000 P140,000 O P144,000

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