Ingram Corporation Ingram Corporation The following information has been taken from the cost records of James Ingram Corporation for the past year: Raw material used in production P336,000 Total manufacturing costs charged to production during the year (includes direct 711,000 material , direct labor, and overhead equal to 50% of direct labor cost) Cost of goods available for sale 851,000 Selling and Administrative expenses 35,000 Inventories Raw Material Work in Process Finished Goods Beginning P80,000 85,000 80,000 Ending P 90,000 25,000 105,000 Refer to Ingram Corporation, Direct labor cost charged to production during the year was Your answer Refer to Ingram Corporation, Cost of Goods Sold was