Gigi Company manufactures a single product in a continuous process in two department.

Cost and production statistics for the month of July 2019 are as follows

Under the FIFO Average method, what are the equivalent units for materials cost?

Assembling Finishing Department Department Cost WIP, beginning P 9,750 P18,000 Materials P 64,000 Labor P 47,250 P 85,800 Factory overhead P 31,500 P 47,200 Quantity Units in process, beginning (All Materials: half converted) 3,000 4,000 Units started in process 33,000 Units received from preceding depart 30,000 Units completed and transferred 30,000 25,000 Units in process, end (All Materials: 60% converted) 5,000 6,000 Loss during the process 1,000 3,000