ABC company accumulated the following cost in Department B During the Month of November: Beginning Inventory Current Period Cost Cost Transferred from Dept. A Conversion Costs Material Total P 17,050 184.000 0 P 34,000 P 201,050 P 34,000 P 5,450 104,000 P 109,450 P 22,500 322,000 P344,500 Production for November in Department B (in units): WIP-November 1 Complete period transferred WIP-November 30 2,000 60% complete 20,000 5,000 40% complete Materials are not added in Department B until the very end of processing Department B. Required: Compute the value of ending WIP Using FIFO method: