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Napaka CUTE Mohpoh Corp. shows the following amounts in the cost of goods sold statement and income statement for the year 2017 Materials Work-in-process

Napaka CUTE Mohpoh Corp. shows the following amounts in the cost of goods sold statement and income statement for the year 2017 Materials Work-in-process Finished goods Materials used Cost of goods sold Cost of goods manufactured Total manufacturing costs Required: January 1, 2017 P 100.000 80.000 1. Work in process. Jan. 1, 2017 Finished goods, Dec. 31. 2017 3. Amount of materials purchased in 201 P 590.000 750.000 800.000 790.000 December 31, 2017 P150,000 87.000

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