Paragraph Styles Items 16 through 19 are based on the following information: Asiatic Manufacturing Co., a multi-product company, has the following data available for gross profit analysis: PRODUCTS...

Extracted text: Paragraph Styles Items 16 through 19 are based on the following information: Asiatic Manufacturing Co., a multi-product company, has the following data available for gross profit analysis: PRODUCTS Total P510,000 2020 P240,000 210,000 30,000 P45,000 33,750 7,500 Sales P225,000 Cost of sales No. of units 423,750 60,000 22,500 000 00 2021 Sales Cost of sales No. of units P360,000 270,000 30,000 P270,000 225,000 30,000 P30,000 24,000 6,000 P660,000 519,000 66,000