PROCESS COSTING. The beginning work in process in the Cooking Department of KFC Company on April 1 was 1,000 units, to which 100 percent of materials had been added at a cost of P10,000. During April, 6,000 units were transferred into the department and 6,700 units were transferred out to finished goods. Material costs of P63,272 were incurred during the month. The units in the ending work in process were 60 percent complete as to materials. What is the materials cost in the units transferred out to finished goods and in the ending work in process inventory? 1. FIFO METHOD - TRASNFERRED OUT TO FINISHED GOODS: 2. FIFO METHOD -ENDING WIP: 3. WAVE METHOD - TRASNFERRED OUT TO FINISHED GOODS: 4. WAVE METHOD -ENDING WIP: Show complete solutions.