Solution-How much is the cost of goods sold

How much is the cost of goods sold

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Reference no: EM133053223

Question - XXX Company incurred the following costs during the month: direct labor, P120,000; factory overhead, P108,000; and direct materials purchases, P160,000. Inventories show the following costs:

	Beginning	Ending
Finished Goods	P27,000	P30,000
Work in Process	61,500	57,500
Direct Materials	37,500	43,500

Required - How much is the cost of goods sold?

Reference no: EM133053223

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