1. The records of the Bulacan Stereo Company showed the following information for three months ending March 31, 2023: P1,946,700 Materials purchased Inventories, January 1, 2023 Finished goods (100 stereo sets) Materials Direct labor Factory overhead Marketing expenses General and administrative expenses Sales (12,400 stereo sets at 100% above product costs) 43,000 268,000 2,125,800 764,000 516,000 461,000 ?
1. The records of the Bulacan Stereo Company showed the following information for three months ending March 31, 2023: P1,946,700 Materials purchased Inventories, January 1, 2023 Finished goods (100 stereo sets) Materials Direct labor Factory overhead Marketing expenses General and administrative expenses Sales (12,400 stereo sets at 100% above product costs) 43,000 268,000 2,125,800 764,000 516,000 461,000 ?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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