Beginning work in process was P125,000. Manufacturing costs incurred for the month were P835,000. There were P200,000 of partially finished goods remaining in work in process inventory at the end of the month. What was the cost of goods manufactured during the month? A. P1,160,000 B. P 910,000 C. P 760,000 D. Cannot be determined.

Q: Round your answer to the nearest dollar

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A: a)

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Q: b. If the net operating income was PhP2,000,000, how much was the beginning finished good inventory?

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Q: Direct material Cost

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Q: Get the Answer with calculation

A:

Q: Cost

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Q: None

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Q: provide the correct answer

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Q: None

A:

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.