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10 pes EFG Corporation's packaging department for the month of December has the following data: Units No. of Units Completion WIP as of Dec. 1 250 40% Started to Process 3,500 WIP as of Dec. 31 500 65% Costs 9,000 In Process, Dec. 1 Costs added to Production: Material Conversion Cost 525,600 619,800 Required: Prepare the COPR using FIFO Method. The company adds 30% of material at the beginning of the process, 30% at 75% of the process and the rest at 100%. Conversion cost is applied evenly. Use 2 decimal places. EFG Corporation Cost of Production Report ? For the month ended December Department 10:13 am 22/09/2002 Finished and transferred Units WDM to the next department EPM WDC | WIP, Beg Started to Process Total Units transferred WIP, End Total Units as Accounted for Amount Unit Cost Cost Analysis Cost incurred during the month Material Labor 10:13 am 27/06/2012 Labor Overhead Total cost to be Accounted for Finished and transferred to the next department Amount WIP, Beg Cost last month Cost this month Started to process Cost from prev department Cost this month Total Cost of Transfer News La... W Yahoo Mail 5 New Tab O Vanta Handheld XR... * Inquirer News | INQ... philstar.com | Philip... Facebook Started to Netflix 3 process Cost from previous department Cost this month Total Cost of Transfer WIP Ending Cost from previous department Cost this month Total Cost las Accounted for Next Previous