Given for a certain process:

Beginning work in process, 2/5completed500units

Transferred-In2,000units

Normal spoilage200units

Abnormal spoilage300units

Goods completed and transferred out1,700units

Ending work in process, 1/3 completed300units

Conversion costs in beginning inventoryPHP 610

Current period conversion costsPHP 3,990

Requirement:Compute the conversion cost per equivalent unit

(Show your solutions using FIFO and Weighted Average)

Note: All spoilage occur at the end of the process