1. Pak Company provided the following information for the current year:

Increase in raw materials inventory

P 150,000

Decrease in goods in process inventory

200,000

Decrease in finished goods inventory

350,000

Raw materials purchased

4,300,000

Direct labor payroll

2,000,000

Factory overhead

3,000,000

Freight - out

450,000

Freight - in

250,000

a. P 9,950,000

c. P 9,250,000

b. P 9,550,000

d. P 9,150,000

2. Sheraton Company reported the following information for the current year:

Ending goods in process

P 1,000,000

Depreciation on factory building

320,000

Beginning raw materials

400,000

Direct labor

1,980,000

Factory supervisor's salary

560,000

Depreciation on headquarters building

210,000

Beginning goods in process

760,000

Ending raw materials

340,000

Indirect labor

360,000

Purchases of raw materials

2,300,000

What is the cost of goods manufactured for the current year?

3. 555 Sardines Company incurred the following costs and expenses during the current year:

Raw materials purchases

P 4,000,000

Direct labor

1,500,000

Indirect labor - factory

800,000

Factory repairs and maintenance

200,000

Taxes on factory building

100,000

Depreciation - factory building

300,000