a. P735,256

b. P735,000

c. P775,000

d. P735,457

Constructor Inc. sells sacks of cement. The inventory records show the following: Date Transaction Number Unit Cost Total Cost of Sacks May 1 Beginning Balance 600 P200 P120,000 5 Purchase 900 210 189,000 7 Sales 1,300 14 Purchase 1,400 190 266,000 15 Sales 1,200 24 Purchase 1,000 200 200,000 28 Sales 1,200 If the entity uses the FIFO method to cost inventories, how much should it report as Cost of Goods Sold