How cost of raw materials used for the period amounted to

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The accounting records for 2008 of EGGS Manufacturing Company showed the following

Decrease in raw materials inventory P45, 000

Increase in Finished goods inventory P150, 000

Increase in work in process inventory P60, 000

Raw materials purchased P1, 290, 000

Direct labor payroll P600, 000

Factory overhead P900, 000

Problem 1: The cost of raw materials used for the period amounted to

Problem 2: The cost of goods manufactured is

Reference no: EM132667093

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