Fearless Company uses the weighted-average method in its process costing. Information about

units processed during a recent month in the Curing Department follow:

Units Conversion Percent

Completion

Beginning work in process inventory 10,000 30%

Units started into production 150,000

Units completed and transferred out 140,000

Ending work in process inventory 20,000 40%

The beginning work in process inventory had P4,600 in conversion cost. During the month, the

Department incurred an additional P210,000 in conversion cost.

Required:

a. Determine the equivalent units of production for conversion for the month.

b. Determine the cost per equivalent unit of production for conversion for the month.

c. Determine the total conversion cost transferred out during the month.

d. Determine the conversion cost assigned to the ending work in process inventory.