Stro Products has no Work in Process or Finished Goods inventories at the close of business on December 31, 2017. The balances of Stro Products’ accounts as of December 31, 2022, are as follows: Cost of goods sold--unadjusted P2,040,000 Selling & administrative expenses 900,000 Sales 3,600,000 Manufacturing overhead control 700,000 Manufacturing overhead applied 648,000 Pretax income for 2022 is: a. P608,000. b. P660,000. c. P712,000.

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