Lezdodis corporation manufactures a product in three departments. Data related to the second department are: Work in process, beg. (75% 1,400 u conversion cost) Units received from Dep't. 1 4,600 u Units transferred to Dep't 3 5,000 u Work in process, end (60% material, 1,000 u 30% conversion cost) Production costs: Work in process, beg Cost from Dep't 1 Direct Materials Direct labor Factory Overhead P34,842 70,380 20,440 17,526 35,052 Land Company produces joint products Jana and Reta, together with by-product Bynd. Jana is sold at split-off, but Reta and Bynd undergo additional processing. Production data pertaining to these proacts follow: Joint costs: Variable Fixed Separable costs: Jana Reta Bynd Total P88,000 148,000 P120,000 P3,000 123,000 90,000 1,000 92,000 1,000 40,000 10,000 100,000 P 7.50 P 1.10 No Variable Fixed Profit Production (lbs.) 50,000 Sales price/lbs. P 4.00 There is no beginning or ending inventories. materials are spoiled in production.