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28. Goldilocks Company manufactures products Ma Ri Sa and Co with product Co classied as a by product and sold at a lower price. Sales,

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28. Goldilocks Company manufactures products Ma Ri Sa and Co with product Co classied as a by product and sold at a lower price. Sales, including that for product Co, totalled P49,200 while production costs amounted to P99,538. Selling expenses amounted to P2,460. The following information concerning the company's operations for 2011 are obtained from the company's records: Units in Kilos Products Sales Prices per Kilo Produced Sold On Hand Ma P100 610 264 346 Ri 100 274 166 108 Sa 100 44 20 24 Co 35 340 120 220 Compute the ending inventory (at lower of cost of market) at December31, 2011 using joint cost method of accounting with cost apportionment on a unit cost per kilo basis: _ c. P54,793.00 B. P53.275.15 D. P56.159.00

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