You have been trying to reconstruct the records of the Yvette Com- pany. Some employees are...

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You have been trying to reconstruct the records of the Yvette Com- pany. Some employees are suspected of having taken some invento- ries. Many records are missing. Nevertheless, you have gathered the following data regarding the current year: P200,000 250,000 2,500,000 Finished goods inventory, end 760,000 Cost of goods sold 1,600,000 Selling expenses 400,000 Work in process, beginning Work in process, end Gross profit Administrative expenses P300,000 Purchases of raw materials 800,000 Factory overhead 700,000 4,100,000 600,000 500,000 Sales Direct labor Direct materials used The beginning finished goods inventory was? You have been trying to reconstruct the records of the Yvette Com- pany. Some employees are suspected of having taken some invento- ries. Many records are missing. Nevertheless, you have gathered the following data regarding the current year: P200,000 250,000 2,500,000 Finished goods inventory, end 760,000 Cost of goods sold 1,600,000 Selling expenses 400,000 Work in process, beginning Work in process, end Gross profit Administrative expenses P300,000 Purchases of raw materials 800,000 Factory overhead 700,000 4,100,000 600,000 500,000 Sales Direct labor Direct materials used The beginning finished goods inventory was?

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