in 10:14 0 ... 0.10 0:59:31 Question 15 of 25 Points: 2 Herc Company reported inventory on December 31, 2019 at P1, 500,000 based on a physical count period at cost and before any necessary adjustment for the following Merchandise costing P90, 000, shipped FOB shipping point from a vendor on December 30, 2019 was received and recorded on January 5, 2020. . Goods in the shipping area were excluded from inventory although shipment was not made until January 4. 2020. The goods billed to the customer FOB shipping point on December 30, 2019, had a cost of P120, 000. What amount should be reported as inventory on December 31, 2019? A) P1,500,000 B) P1,590,000 C) P1,620,000 D) P1,710,000 E) None of theseclassmarker.com/test 15 Time left: 0:59:45 Question 13 of 25 Points: 2 On December 28, 2019, Paolo Company purchased goods costing P500, 000. The terms were F.O.B. destination. Some of the costs incurred in connection with the sale and delivery of the goods were packaging for shipment P10, 000, shipping P15, 000, and special handling charges P25, 000. These goods were received on December 31, 2019. On December 31, 2019, what total cost for these goods should be included in inventory? A) P500, 000 B) P520, 000 C) P535, 000 O D) P545, 000 E) None of these G ENGLISH FILIPINO X