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this subject is taxation 12% vat rate or dab, 4. BEEZEE HOUSE Inc. is a manufacturer that sells its products in the Philippines and abroad.

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this subject is taxation

12% vat rate

or dab, 4. BEEZEE HOUSE Inc. is a manufacturer that sells its products in the Philippines and abroad. Sales (total invoice prices) for a month (export prices are different from domestic prices) follow Sales, domestic (60% of the total volume sales) Sales, exports (40% of the total volume sales Php 1,120,000.00 2.240,000.00 Cost records showed purchases during the month of Materials (total invoice cost) Services (total invoice cost) Php 448,000.00 112,000.00 Required: Compute for the net VAT payable

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