A$.$ SPEAK NOW CORPORATION manufactures a plastic handbags product in a multi$-$stage production process. Plastic material is brought into the Shaping Department where it is shaped. Shaped products are then moved to the Furnishing Department where metal is added. The following data is given for the Shaping Department for November:

Units for November:

Work in process, beginning inventory

November $1300$ units

Direct materials complete$)$

Conversion complete$)$

Units started in November: $2,200$ units

Work in process, ending inventory

November $30$

$500$ units

Direct materials $(100\%$ complete$)$

Conversion $(25\%)$

Costs for November:

Work in process, beginning inventory

Direct materials

$P7,100$

Conversion

$P4,525$

Costs added during November:

Direct materials

P$70,400$

Conversion

$P40,100$

Round to two decimal places.

Required:

How many units were transferred to Furnishing?

How many units were started and completed during November?

How many equivalent units of conversion does it take to complete the beginning inventory in the current period?

What is the FIFO cost assigned to the ending inventory?

What is the FIFO cost assigned to the units transferre out?