Itzy Corporation provides the following information for the month of February based on the production...
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Accounting
Itzy Corporation provides the following information for the month of February based on the production of 20,000 units: Direct materials P 50,000 Direct labor 30,000 Variable factory overhead costs 20,000 Fixed factory overhead costs 25,000 Variable selling and administrative expenses 40,000 Fixed selling and administrative expenses 15,000 Under full costing, what is the costs of goods manufactured if work-in- process inventory increased by P 15,000? O P 115,000 P 110,000 O P 140,000 OP 85,000
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