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The following information will be used for the next three questions On December 2, 2020, the Home Office of Office Supply Company recorded a shipment

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The following information will be used for the next three questions On December 2, 2020, the Home Office of Office Supply Company recorded a shipment of merchandise to its Davao branch as follows: Davao Branch(dr.) 39.000 Shipments to branch(cr.) 32,500 5.200 Unrealized profit in branch inventorycr.) Cash (for freight charges-cr.) 1.300 The Davao branch sells 40% of the merchandise to outside entities during the rest of December 2020. The books of the home office and Office Supply are closed on December 31 of each year. On January 5, 2021, the Davao branch transfers half of the original shipment to the Baguio branch, and the Davao branch pays P650 as the shipment. What amount should the 60% of the merchandise remaining unsold be included in the inventory of the Davao branch at December 31, 2020? during the rest of December 2020. The bod Office Supply are closed on December 31 a 2021, the Davao branch transfers half of th Baguio branch, and the Davao branch pays What amount should the 60% of the mercha included in the inventory of the Davao branch P23.400 P23.920 P22.620 P20,280 Previous

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