What are the proper solutions to these problems?

4.The adjusted trial balance of Windy Merchandising for the year ended December 31, 2021 includes the

following:

Purchases P990,000

Purchases discount 48,000

Depreciation of office equipment 30,000

Rent (space is occupied as follows:

office: 40% and sales section: 60%) 150,000

Delivery expense 95,000

Transportation in 94,000

Officers' salaries 294,000

Depreciation of store equipment 24,000

How much of the items listed above should be included in general & administrative expenses of Windy

Merchandising?

5. The following information was taken from the accounting records of Humid Company for the year

ended December 31, 2021:

Jan 1, 2021 Dec 31, 2021

Goods in Process P 300,000 P 400,000

Finished Goods 200,000 140,000

Raw materials used 335,000

Direct labor 172,000

Factory overhead 93,000

What is the amount of cost of goods manufactured of Humid Company for the year ended December

31, 2021?

6. Moonlight Merchandising sells school uniform and school supplies with the following gross profit on

cost:

School uniform 30% School supplies 25%

On July 18, 2021, a fire destroyed the store of the Company, however the warehouse which is two

blocks away from the store was not damaged. To file report of loss for insurance purposes, the

company must know what the inventories were immediately preceding the fire. No detail or perpetual

inventory records of any kind were maintained. The only pertinent information obtained are the

following facts from the general ledger, which was kept in a fireproof vault.

School Uniform School Supplies

Inventory, January 1 P280,000 P345,000

Purchases to July 18 1,930,000 1,540,000

Sales to July 18 2,145,000 1,960,000

The inventories at the Company's warehouse amounted to P187,000 and P94,000 for school uniform

and school supplies, respectively. What is the total estimated amount of inventory destroyed by fire?