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    • Tarsier Company produced 400,000 units in August and used the following production costs: Direct Materials P 750,000 Direct Labor 800,000 Factory Overhead: Variable Fixed 80,000 110,000 The company sold 360,000 units during the month. There was no inventory of finished goods on August 1.
    • Required: Using the traditional cost accounting system, calculate the following: 
    • 1. Inventoriable cost per unit. 
    • 2. Cost of goods sold during the period. 
    • 3. Cost of inventory on August 3