Seolleongtang Company has the following: Inventory, January 1- 8,000 units @ P11; Purchases, June 19- 13,000 units @ P12: Purchases, November 15- 5,000 units @ P13. If Seolleongtang Company has 9,000 units on hand on December 31, the cost of ending inventory under FIFO is: O P108,000 O P99,000 O P117,000 O P113,000

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