Lane Co. produce main product Kul and Wu. The process also yield by - product Zef. Net realizable value of by-product Zef is subtract from joint production costs of Kul and Wu. The following information pertains to production in July 2012 at a joint cost of P 54,000: Product Kul Wu Zef Units. produce 1,000 1,500 Market value P 40,000 35,000 Additional cost after split - off P5,000 5,000 3,000 500 7,000 If Lane uses the net realizable value method for allocating joint cost, how much of the joint cost should be allocated to the product Kul? The Arxx Company operates in three departments namely Dept. A, B and C. Department A transferred to Department B 100,000 units, costing P620,000. The following information pertains to operations for the month of May. Units: Beginning work in process inventory(3/5 completed).. Completed production during May. Ending work in process inventory (80% completed) Abnormal lost units...... 16,000 90,000 24,000 2,000 Materials was applied 20% at the start of the process, 2/5 at mid point., 30% at 75% completed, the balance at end of the process. Conversion cost was applied evenly throughout the process. Lost units was discovered upon final inspection in the department. Cost pertaining for the month of May are as follows: Cost last month P50,000 Beginning inventory cost are, materials P54,560, direct labor P20,320 and factory overhead P391,160. Cost incurred during May are Materials used P468,000, direct labor P182,880 and factory overhead P391,160. Using the Weighted average method the unit cost of materials was?