Prepare Cost of Production Report using FIFO method for each department.

NO.1 C5 Company produces soft drink in three departments: Syrup, Carbonation, and Bottling. Flavor is added in the first department, then transferred to the second department, where carbonated water is added at the beginning of the process to give the drink its fizz. After carbonated water has been added, the liquid drink is bottled. Data related to operations in the Carbonation Department and Bottling Department during September are: Units in beginning inventory: Carbonation Bottling Carbonation Department (50% complete) 1,000 Bottling Department (75% complete) 200 Units received from the Syrup Department 2,000 Units added to process in the Carbonation Dep't 6,000 Units transferred to the next dep't this period 7,800 7,500 Units in ending inventory: Carbonation Department (25% complete) 1,200 Bottling Department (40% complete) 500 Costs in the beginning inventory: From the preceding department P1,120 P3,200 Materials 140 Labor & overhead 185 1,435 Costs currently added: From the preceding department P9,680 ? Materials 1,210 P7,350 Labor & overhead 5,080 5,880