Please answer the following questions below on each given problems
PROBIEM19:San Juan Manufacturing began operations 5 years ago. On August 13. 2021. a re broke out in the warehouse destroying all inventory and many records relating to the inventory. The information available is presented below (all sales and purchases are on account): 1 1 1 8 13 1 Inventory P 143.850 Accounts receivable 130.590 P 128,890 Accounts payable 88.140 l22,850 Collections on accounts receivable, If 1 to 8/l3 753.800 Payments to suppliers, If] to 8/ l3 437.500 Goods out on consignment at 8/ 13 at cost 52.902} Summary on previous years' sales follows: 2018 2019 2020 Sales P 626,000 P 705,000 P 680,000 Gross prot 187,800 225,600 23] .200 24. What is the inventory loss suffered as a result of the re if the average gross prot rate is used? 25. What is the inventory loss suffered as a result of the fre if the trend in gross prot rate continues? PROBLEM 20: The work in process inventory of San Marino Company were completely destroyed by fire on June l, 202]. You were able to establish physical inventory gures as follows: til [2021 611(2021 Raw materials P 60,000 P 120,000 Work in process 200,000 - Finished goods 280,000 240000 Sales from January i to May 3] were P546150. Purchases of raw materials were P200000 and freight on purchases, P30,000. Direct labor during the period was P160000. It was agreed with insurance adiusters that an average gross prot rate of 35% based on cost be used and that direct labor cost was 160% of factory overhead. 26. The work in process inventory destroyed by re is: PROBLEM 21: A physical inventory taken on December 31. 2021 resulted in an ending inventory of Pl,440,000. San Salvador Company suspects some inventory may have been taken by employees. To estimate the cost of missing inventory, the following were gathered: Inventory, December 31. 2020 P 1,280,000 Purchases during 2021 5,640,000 Cash sales during 202] 1,400,000 Shipment received on December 26. 2021. included in physical inventory but not recorded as purchases 40,000 Deposits made with suppliers. entered as purchases. Goods were not received in 2021 80,000 Collections on accounts receivable. 2021 7,200,000 Accounts receivable, January 1. 202] 1,000,000 Accounts receivable, December 31, 2021 1,200,000 Gross profit percentage on sales 40% 27. At December 31 . 202], what is the estimated cost of missing inventory