ic. ac bu per years ago. 2020, Homer nventory costing P75,000 to Boboy for P100.000. A total of 16 percent of this inventory was not sold utsider until 2021. During 2021, Homer sold inventory costing P96,000 to Boboy for P120,000. A tot of 35 percent of this inventory was not sold to outsiders until 2022. In 2021, Boboy reported cost of ales of P380,000 while Homer reported P210,000. What is consolidated cost of sales?
ic. ac bu per years ago. 2020, Homer nventory costing P75,000 to Boboy for P100.000. A total of 16 percent of this inventory was not sold utsider until 2021. During 2021, Homer sold inventory costing P96,000 to Boboy for P120,000. A tot of 35 percent of this inventory was not sold to outsiders until 2022. In 2021, Boboy reported cost of ales of P380,000 while Homer reported P210,000. What is consolidated cost of sales?
Chapter9: Acquisitions Of Property
Section: Chapter Questions
Problem 26P
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