A. WHAT IS THE EQUIVALENT UNITS OF PRODUCTION USING FIFO

B. WHAT IS THE TOTAL COST TRANSFERRED TO THE NEXT DEPARTMENT USING FIFO METHOD

ATOZ company's product is manufactured in two departments. Units are inspected at the end of the production process in the first department. Data related to the month of May are: WIP.beg (60% materials, 35% labor, and 25% FOH), 1,000 units; started in process this period, 9,000 units; WIP,end (100% materials, 75% labor and 50% FOH), 1,500 units. Cost data follows: WIP beg Cost this Month Materials P1,260 P36,240 Labor 770 10,780 FOH 1,400 21.725