BEG DIRECT MATERIALS INVENTORY P20,000

BEG WORK IN PROCESS INVENTORY P25,000

BEG. FINISHED GOODS INVENTORY P50,000

BEG ACCOUNTS PAYABLE P18,000

DIRECT LABOR P160,000

FACTORY OVERHEAD P200,000

OTHER INFORMATION:

CASH PAID TO SUPPLIER FOR THE WHOLE YEAR P180,000

ENDING DIRECT MATERIALS INVENTORY IS P10,000 GREATER THAN BEG. DIRECT MATERIALS INVENTORY.

ENDING WORK IN PROCESS INVENTORY DECREASED BY P5,000 FROM LAST YEARS ENDING BALANCE.

ENDING FINISHED GOODS INVENTORY IS JUST 80% OF LAST YEARS ENDING INVENTORY.

ENDING BALANCE OF ACCOUNTS PAYABLE IS ONLY 5% OF ACTUAL FACTORY OVERHEAD.

1. COMPUTE FOR RAW MATERIALS USED
2. COMPUTE FOR TOTAL MANUFACTURING COST
3. COMPUTE FOR TOTAL COST PUT INTO PROCESS
4. COMPUTE FOR COST OF GOODS MANUFACTURED
5. COMPUTE FOR COST OF GOODS AVAILABLE FOR SALE

6. COMPUTE FOR COST OF GOODS SOLD

Note: PLEASE ANSWER ASAP :(