The following data were taken from the accounting records of Cooka Lamps, Inc Balance at January 1, 2020 5,000 lamps @ P30 Purchases: January 8, 2020 1,200 lamps @ P32P137,760 January 20, 2020 800...


The following data were taken from the accounting records of Cooka Lamps, Inc



           Balance at January 1, 2020                                        5,000 lamps @ P30



           Purchases: January 8,


2020                                        1,200 lamps @ P32P137,760


                             January 20, 2020                                      800 lamps @ P34



           Sales:         January 6, 2020                                       1,600 lamps


                             January 14, 2021                                     1,020 lamps



On January 31, 2020, it was determine by physical count that 4,200 lamps were on


hand


If Cooka Lamps uses a periodic inventory system, the cost of the inventory using the weighted average cost flow assumption at January 31, 2020 is


Select one or more:


P137,760


P129,360


P134,400


P130,968


Working



Jun 02, 2022
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