18) Xoliswa Company manufactures a special laundry soap. A towel is offered as a premium to...

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18) Xoliswa Company manufactures a special laundry soap. A towel is offered as a premium to customers who send in two proof-of-purchase seals from the soap boxes and a remittance of P20. Distribution cost is P5 per towel Soap sales Towel purchases, P100 per towel Number of towels distributed as premium Number of towels expected to be distributed in subsequent period 2018 2,500,000 175,000 1,000 600 2019 3,125,000 200,000 1,800 800 What is the premium expense for 2019? A. 170,000 C. 221,000 B. 160,000 D. 210,000 18) Xoliswa Company manufactures a special laundry soap. A towel is offered as a premium to customers who send in two proof-of-purchase seals from the soap boxes and a remittance of P20. Distribution cost is P5 per towel Soap sales Towel purchases, P100 per towel Number of towels distributed as premium Number of towels expected to be distributed in subsequent period 2018 2,500,000 175,000 1,000 600 2019 3,125,000 200,000 1,800 800 What is the premium expense for 2019? A. 170,000 C. 221,000 B. 160,000 D. 210,000

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