Disregard the Old Required.

New Required:

Compute for the EUP using FIFO and Weighted Average Method.

P - 1. COST OF PRODUCTION REPORT - FIFO. In March, Department B transferred to Department C,50,000 units costing P150,000. In addition to the above, Department C provided the following data: In process, beginning: 5,000units(1/5completed)-P15,6703,000units(5/6completed)-P10,269 During the month, Department C transferred to stockroom 48,000 units, while 1,000 units are finished and on hand. Remainder is divided as follows: one-third is 40% complete two-thirds are 60% complete Cost incurred during the month consist of materials P15,240, labor P5,030; and overhead P6,036. Labor and verhead are applied uniformly to production. Required: Cost of Production Report under the following independent cases