Jobs 1 and 2 had beginning balances amounting to ₱81,600 and ₱54,100 respectively. Total manufacturing costs for the period amounted to ₱82,900 of which 40% went to Job 1 and 60% went to Job 2.

If Job 2 was finished and shipped during the year, how much is the company’s cost of goods sold?

 

Choices

a. 164,500

b. 103, 840

c. 114760

d. 137000