2.) The following data for the month of September were taken from the records of Department A of NLP which uses average costing:

Opening inventory of work in process units (all materials and 50% converted) 500

Cost:

Materials P 2,400

Labor 1,500

FOH 760

Put into production:

Units 5,500

Cost:

Materials P 25,100

Labor 19,380

FOH 14,900

Completed and transferred: 4,800 units

Ending inventory of work in process:

Units (all materials and 60% converted) 700

The unit cost of material for the month is

• P 5.50
• P 5.00
• None given
• P 4.00

The equivalent production for labor is:Required to answer. Single choice.

• 4,970
• 5,220
• None given
• 5,000