The Love Manufacturing Company has the following financial information: ·         Manufacturing overhead         P300,800 ·         Direct materials increased by    130, 000 ·         Work in process increased by     90, 000 ·         Finished goods decreased by    320, 400 Manufacturing overhead amounts to 50% of direct labor, and the direct labor and manufacturing overhead combined equal 50% of the total cost of manufacturing. How much is the cost of goods sold?

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