LOPEZ Products Company will sell during June 8,000 pieces of its merchandise at a unit price of P30.00. It is estimated that the gross profit is 25% of sales revenue. The inventory will be increased during the month by roughly P50,000 in expectation of higher sales volume for the opening of the school year. The amounts due to trade creditors will also increase by P30,000.The estimate of payments to be made during the month of June for merchandise is Question 30 Answer a. P200,000 b. P180,000 c. P240,000 d. P80,000