• Prepare Cost of Production using WAM
• Prepare Cost of Production using FIFO

Motus Wonder Drug Company manufactures "Milagro" from the following successive processes: Extracting, Mixing and Packaging. Materials are added in the Mixing Department in the form of additives. Motus uses the average cost method in accounting for work-in-process. Pertinent information from the Mixing Department during May, 2019 show: ed bun Beginning Inventory ***Added in May Cost charged to Mixing Cost from Extracting Direct materials Direct labor Factory overhead P29,120 4,940 1,560 3,120 P251,680 41,860 40,560 81,120 Also during the month, Mixing had units in beginning inventory of 1,000; transfers from Extracting of 2,000 units added to process in the Mixing Department of 6,000; transfers to Packaging of 7,800; and units in ending inventory (100% materials and 50% labor and overhead) of 1,200. 22. What are the total equivalent units for (1) materials, (2) labor and (3) overhead in the Mixing Department? a. (1) 7,800 (2) 7,800 (3) 7,800 b. (1) 7,800 (2) 7,500 (3) 7,500 c. (1) 1,200 d. (1) 9,000 (2) 300 (3) 300 (2)8,400 (3)8,400