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Tech Enterprise makes a single product in two departments. The production data for Department B for August 2019 follows: Quantities: 4,000 units 30,000 units In
Tech Enterprise makes a single product in two departments. The production data for Department B for August 2019 follows: Quantities: 4,000 units 30,000 units In process, August 1 (40% complete) Received from Department A Completed and transferred In process, August 31 (60% complete) 25,000 units 6,000 units Production costs: August 31 August 1 P48,900 Transferred in P267,300 Materials 202,500 11,400 5.820 Conversion cost 243,000 Materials are added at the start of the process, and losses normally occur during the early stage of the operation. Compute the cost of ending work-in-process inventory using average cost method
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