Masipag Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers.. For January 2019, Masipag Company presented the following costs on three processes:

Costs incurred: Materials Direct Labor Overhead Materials are added at: Started/Transferred In Process 1 Process 2 Process 3 P100,000.00 P51,000.00 P31,650.00 P34,000.00 P31,700.00 P25,500.00 P23,775.00 P76,000.00 P28,500.00 100% at the beginning 50% at beginning, 50% 50% at beginning, 30% at 60% complete 20,000 units ? units Completed and transferred ou 18,000 units In Process, end 2,000 units 50% complete 16,000 units 2,000 units 50% complete at 70% complete, and remaining 20 at 90% complete. ? units 15,500 units 250 units 80% complete, 250 units 60% complete