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Mediocre Inc. has entered into a ve se building over a period of threev uring the first year: Cost of material = P2.5 million %3D Site labor cost = P2.0 million Agreed administrative costs as million. Depreciation of the piant used f Marketing costs for selling apart Depreciation of idle plant and e otal estimated cost of the project = ne percentage of completion (ove

Mediocre Inc. has entered into a ve se building over a period of threev uring the first year: Cost of material = P2.5 million %3D Site labor cost = P2.0 million Agreed administrative costs as million. Depreciation of the piant used f Marketing costs for selling apart Depreciation of idle plant and e otal estimated cost of the project = ne percentage of completion (ove

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Kindly answer the no. 4 question. Thank you

Mediocre Inc. has entered into a ve se building over a period of threev uring the first year: Cost of material = P2.5 million %3D Site labor cost = P2.0 million Agreed administrative costs as million. Depreciation of the piant used f Marketing costs for selling apart Depreciation of idle plant and e otal estimated cost of the project = ne percentage of completion (ove
Transcribed Image Text:Mediocre Inc. has entered into a ve se building over a period of threev uring the first year: Cost of material = P2.5 million %3D Site labor cost = P2.0 million Agreed administrative costs as million. Depreciation of the piant used f Marketing costs for selling apart Depreciation of idle plant and e otal estimated cost of the project = ne percentage of completion (ove
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