CoursHeroTranscribedText: Problem 6 Donna Company submits the following data for May 2013 Direct labor cost...
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CoursHeroTranscribedText: Problem 6 Donna Company submits the following data for May 2013 Direct labor cost P80, 000 Purchases P100, 000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45, 000 P24, 000 Work in Process P25, 800 P18, 000 Materials P22, 000 P25, 000 Actual factory overhead amounts to P80,000. Required: 1. How much is the Company's Cost of goods sold adjusted
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