point are: Direct Materials Php 2,000,000, Direct Labor Php 800,000, Factory Overhead Php 200,000.00. The selling and administrative expense of MERGE Inc. for the year ended December 31, 2020 is Php 1,000,000.00 exclusive of that for the by-product. 3.What is the net income for year if the net revenue from by-product is presented as deduction from the cost of goods sold? 4.What is the net income for the year if the net revenue from by-product is presented as deduction from the cost of goods sold?
MERGE Inc. manufactures ZEN product from a process that yields a by-product called YAN. The by-product requires additional
3.What is the net income for year if the net revenue from by-product is presented as deduction from the cost of goods sold?
4.What is the net income for the year if the net revenue from by-product is presented as deduction from the cost of goods sold?
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