Dayag Company manufactures toys in two departments, Forming and Finishing Department. In the Forming Department, materials are added when the process is 20% complete while in the Finishing department is added when the process is 80% complete. Conversion costs are added evenly throughout the process. The following data are available for the 6 months ended June 30, 2020:

Forming Department:

UnitsMaterialsCCTransferred In

WIP, Jan. 13,000P 75,000P 21,250

Started22,000

Completed20,000

Costs added700,000 425,000

Finishing Department:

WIP, Jan. 15,000-0-P 72,500P 177,500

Started20,000

Completed21,000

Costs addedP 231,000P 384,000?

Work in process on Jan. 1 is 40% converted in the Forming Department and 60% converted in the Finishing Department. Work in process on June 30 is 25% converted in the Forming department and 30% in the Finishing Department.

Required: Using the two inventory valuation methods, determine the following:

1.EUP in each department

2.Cost per EUP in each department

3.Assignment of cost in each department