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Xolswa Company manufactures a product that is packaged and sold. A plate is offered to customers sending in three wrappers accompanied by a remittance of
Xolswa Company manufactures a product that is packaged and sold. A plate is offered to customers sending in three wrappers accompanied by a remittance of P10. Data with respect to the premium offer are summarized below: 2018 2019 3,600,000 4.200.000 Sales 580,000 Purchase of premium. P50 per plate 390,000 5,000 9,000 Number of plates distributed as premium 2000 3.000 Estimated number of plates to be distributed in next period Distribution cost P20 per plate What is the premium expense for 2019
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