Presented below is a list of items that may or may not be reported as inventory in Della Co.s December 31, 2021 statement of financial position (SFP):

a. How much of these items would typically be reported as inventory in the SFP?

P950,000 75,000 150,000 180,000 480,000 50,000 50,000 500,000 250,000 1. Goods out on consignment at another company's store 2. Goods sold on installment basis 3. Goods purchased FOB shipping point that are in transit at Dec. 31 4. Goods purchased FOB destination that are in transit at Dec. 31 5. Goods sold to another company, for which our company has signed an agreement to repurchase at a set price that covers all costs related to the inventory 6. Interest cost incurred for inventories that are routinely manufactured 7. Costs incurred to advertise goods held for resale 8. Materials on hand not yet placed into production 9. Office supplies 10. Raw materials on which the company has started production, but which are not completely processed 11. Factory supplies 12. Goods held on consignment from another company 13. Costs identified with units completed but not yet sold 14. Goods sold FOB destination that are in transit at Dec. 31 15. Temporary investment in stocks and bonds that will be resold in the near future 16. Goods sold where large returns are predictable 17. Goods sold FOB shipping point that are in transit on Dec. 31 18. Freight charges on goods purchased 19. Factory labor costs incurred on goods still unsold 400,000 40,000 500,000 270,000 30,000 400,000 300,000 150,000 100,000 80,000