England Co. England Co. has the following information for the current month: Units started 100,000 units Beginning Work in Process: (35% complete) 20,000 units Normal spoilage (discrete) 3,500 units Abnormal spoilage 5,000 units Ending Work in Process: (70% complete) 14,500 units Transferred out 97,000 units Beginning Work in Process Costs: Material P15,000 Conversion 10,000 All materials are added at the start of the production process. England Corp. inspects goods at 75 percent completion as to conversion Refer to England Co. What are equivalent units of production material, assuming FIFO? Your answer Refer to England Co. Assume that the costs per EUP for material and conversion are P1.50 and P2.00. respectively. Using FIFO, what is the total cost assigned to the transferred-out units