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A company has budgeted purchases of Php 100,000. Cost of sales was Php 120,000 and the desired ending inventory was Php 42,000. What is the

A company has budgeted purchases of Php 100,000. Cost of sales was Php 120,000 and the desired ending inventory was Php 42,000. What is the beginning inventory?

--- choice - 2 points // solution 3 points

Select one:

a. 62,000

b. 32,000

c. 42,000

d. 20,000

pls show steps

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