Oalke Corporation manufactures two products, Borel and Korel, in a joint process. During the production, a by-product, Muz, is created. All materials are added at the start of the production process in the Blending Department, the first department. Muz is recognizable at the end of processing in Blending. The by-product Muz is accounted for at point of production. Muz currently sells for Php1.00 per gallon; however, a Php0.05 per gallon cost is incurred in selling the by-product. At the end of processing, Borel and Korel are identifiable products. Borel, Korel and Muz represents 28%, 42% and 30%, respectively, of the gallons of output completed for the period. The following information is available for the Blending Department for January 2001: Gallons in beginning inventory (20% complete) 200 Gallons started in January 29,000 Gallons of output in January 25,000 Gallons in ending inventory (40% complete) 3,200 Direct materials cost Php149,955 Conversion costs Php 73,490 Loss occurs continuously during the production process and is considered normal. The method of neglect is used in accounting for normal spoilage. Joint cost is allocated to Borel and Korel based on approximated net realizable value of physical units transferred out at split-off. Final selling prices of Borel and Korel are Php35 and Php50 per gallon respectively. Borel is further processed in Department 2, where additional overhead costs are incurred. The following information is available for Department 2 for January 20X1: Gallons in beginning inventory (50% complete) 680 Gallons of output 6,800 Gallons in ending inventory (50% complete) 200 Total applied overhead is Php18,811. Overhead rate includes allowance for normal spoilage, anticipated at 10% of units passing inspection. Units are inspected when they are 75% complete. Spoiled Borel can be sold for Php2 per gallon. 300 gallons of output were reworked for Php500, considered normal. Korel is further processed in Department 3 where enough water is added to double the number of gallons of output. The following information is available for Department 3 for January: Gallons in beginning inventory (50% complete) 200 Gallons of output 20,200 Gallons in ending inventory (50% complete) 500 Total materials costs incurred amounted to Php76,500. These were added when Korel was 75% complete. Overhead costs applied were Php24,780. Units are inspected when Korel is 100% complete. It was discovered that spoiled units were due to the carelessness of one factory worker. Work-in-process, beginning costs (in Php) are as follows: Trans-in Materials Labor Overhead Department 1 1,450 85 45 Department 2 4,500 1,700 Department 3 2,000 300 REQUIRED: Prepare Cost of Production Reports: Dept. 1 (FIFO), Dept. 2 (Wtd. Ave), and Dept. 3 (FIFO)