kindly refer to the photos below

The following balances were taken from the general ledger of Mariana WW Accounts cum 1 December 31 P120,000 Accounts Receivable P40,000 Accounts Payable 60,000 72,000 Raw Materials 85,000 110,000 Work in process 90,000 271,000 Finished goods 180,000 ? Additional information: 1) Purchases of raw materials for the year amounted to P970,000 while DL hours utilized were 48,000 hrs. All production personnel were paid a uniform rate of P20 per hour. 2) Overhead was applied at 60% of direct labor costs. 3) Gross margin for the year was P1,050,000 and the company's pricing policy to maintain a gross profit rate of 40%. - 13. The balance of the nished goods account on December 31 of the current year is 14. The Sales Revenue for the period is Diet Food Manufacturing Company uses the periodic inventory system in accounting for raw materials. The following data are available for the year just ended: Raw Materials purchases, P257500 Raw Materials available for used, P47500 Raw Materials issued to production, P30,000 15. The above situation resulted to: no change Decrease in RM by P7,500 Increase in RM by P10,000 Increase in RM by P7500 Increase in RM by P17,500 9999'!\