The related data of Rolene Company: Net income P358,750 Operating expenses 250,000 Sales 1,875,200 Finished goods, ending 200,500 Finished goods, beginning 178,900 How much is the cost of goods manufactured?

The related data of Rolene Company: Net income P358,750 Operating expenses 250,000 Sales 1,875,200 Finished goods, ending 200,500 Finished goods, beginning 178,900 How much is the cost of goods manufactured?

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter5: The Income Statement And The Statement Of Cash Flows

Section: Chapter Questions

Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...

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Question

The related data of Rolene Company:

Net income P358,750

Operating expenses 250,000

Sales 1,875,200

Finished goods, ending 200,500

Finished goods, beginning 178,900

How much is the cost of goods manufactured?

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