What the Carnation Product income before income taxes

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Question - Carnation Product has no work-in-process or finished goods inventories at the close of business on December 31, 2020. The balances of Carnation's accounts as of December 31, 2020 are as follows:

Cost of goods sold P2,040,000

General selling and administrative expenses 900,000

Sales 3,600,000

Factory overhead control 700,000

Factory overhead applied 648,000

Required - What the Carnation Product's income before income taxes for 2020?

Reference no: EM132940952

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