ECONOMICS

COST ACCOUNTING

INTRODUCTION TO COST ACCOUNTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Imation Corporation rents a building for P75, 000 per month and uses it for a number of different purposes. The building space is utilized by the various activities as follows:administration offices 10%; marketing department 15% and production operations 75%. How much of the P75, 000 monthly rents should be classified as factory overhead?
A
P52, 500
B
P18, 750
C
P18, 750
D
56, 250
Explanation: 
There is 1 question to complete.