Ibe Corporation has an EUP of 248,750 units. Beginning inventory units of 22,500, 40% incomplete; ending inventory units of 24,000 60% complete. Conversion costs of beginning inventory of P9,800; current period conversion costs of P204,125.

1. The unit conversion cost using weighted average method is:

Group of answer choices

0.82

0.86

none of the choices

0.70

2. Using FIFO method, the EUP of completed and transferred units is

3. Using FIFO method, the EUP of completed and transferred units is

4. The total units started in process:

5. Using FIFO method, the unit cost is:

Group of answer choices

0.70

0.82

none of the choices

0.86