The following are the selected cost data of Faithful Manufacturing Company:

Beginning Ending Materials P150,000 P170,000 Work in process 160,000 60,000 Finished goods 180,000 220,000

Materials used, P652,000. Total manufacturing costs charged to production during the year, P1,372,000. The application rate is 60% of direct labor cost. Cost of goods available for sale, P1,652,000. Selling and general expenses, P50,000.

Calculate the following: 1. Materials purchased during the year 2. Direct labor charged to production during the year 3. Cost of goods manufactured during the year 4. Cost of goods sold during the year