CoursHeroTranscribedText: The following information is available for Chapman Corporation for the current month: Started this month 80,000 units Beginning WIP (40% 7,500 units complete) Normal spoilage 1,100 units (discrete) Abnormal spoilage 900 units Ending WIP (70% 13,000 units complete) Transferred out 72,500 units Beginning Work in Process Costs: Material P10,400 Conversion 13,800 Current Costs: Material P120,000 Conversion 350,000 All materials are added at the start of production and the inspection point is at the end of the process