how much shall be taken to profit or loss as a gain/loss arising from change in fair value due to physical change?

how much shall be taken to profit or loss as a gain/loss arising from change in fair value due to price change?

what amount shall be presented in the statement of financial position on december 31, 2023 as biological assets?

PROBLEM 11 DEF Farms held a group of 20, 2-year old cattle on January 1, 2023. On this date, 5, 2-year old cattle were purchased for P18,000 each and 5 calves were born. No cows or calves were disposed of during the period. Per unit fair values less cost to sell were: The company records separately the increase in fair value less cost to sell due to physical change and change in fair value less cost to sell due to price change. 13. How much shall be taken to profit or loss as a gain/loss arising from change in fair value due to physical change? 14. How much shall be taken to profit or loss as a gain/loss arising from change in fair value due to price change? 15. What amount shall be presented in the statement of financial position on December 31,2023 as Biological Assets