Ova vit Cost Accounting 52. The following data pertain to X-men Corporation operations in July: Work in process July 1 7,000 July 31 12,000 15,000 / ? ? 20,000 Raw materials Finished goods Other data: 1 Cost of goods manufactured 135,000 Factory overhead cost 60,000 Gross margin 60,000 Raw materials purchases 30,000 Raw materials used 40,000 Sales 200,000 The beginning finished goods inventory was: a P30,000 b. P5,000 c. P25,000 d. P15,000 The total direct labor cost was: a. P25,000 c. P40,000 b. P35,000 d. P30,000 The ending materials inventory was: a. P10,000 c. P15,000 2) P5,000 d. P20,000 The total cost of goods sold a. P140,000 c. P200,000 b. P135,000 d. P160,000 The total prime cost a. P45,000 c. P100,000 b. P80,000 d. P140,000 Total conversion cost a. P60,000 b. P100,000 c. P40,000 d. P140,000