In December 2014, the home office of Bernadette Office Supply Company recorded a shipment of merchandise to its Manila branch as follows: 150,000 Manila Branch Shipments to Manila Unrealized profit in Manila Branch Cash (freight) 125,000 20,000 5,000 The Manila Branch sells 40% of the merchandise to outside entities during the rest of December 2014. The books of the home office and Manila branch are closed on December 31 of each year. On December 28, 2014, the Manila branch transfers half of the remaining shipment to the Bulacan branch and the Manila branch pays Php2,500 for freight on the shipments. Direct shipments from home office to Bulacan branch is at 5% of billed price. Based on Bernadette's information, the non-operating expense to be reported by home office is - Correct answer: Php1,825 At what amount of 60% of merchandise should be reported in the books of Bulacan branch? Correct answer: Php45,675 Based on Bernadette's information, the ending inventory of the branches per consolidated financial statement is Correct answer: Php78,675 In December 2014, the home office of Bernadette Office Supply Company recorded a shipment of merchandise to its Manila branch as follows: 150,000 Manila Branch Shipments to Manila Unrealized profit in Manila Branch Cash (freight) 125,000 20,000 5,000 The Manila Branch sells 40% of the merchandise to outside entities during the rest of December 2014. The books of the home office and Manila branch are closed on December 31 of each year. On December 28, 2014, the Manila branch transfers half of the remaining shipment to the Bulacan branch and the Manila branch pays Php2,500 for freight on the shipments. Direct shipments from home office to Bulacan branch is at 5% of billed price. Based on Bernadette's information, the non-operating expense to be reported by home office is - Correct answer: Php1,825 At what amount of 60% of merchandise should be reported in the books of Bulacan branch? Correct answer: Php45,675 Based on Bernadette's information, the ending inventory of the branches per consolidated financial statement is Correct answer: Php78,675