The following information is available for Garnett Company for the current year. Beginning Work in Process (75% complete) Started Ending Work in Process Abnormal spoilage Normal spoilage (continuous) Transferred out (60% complete) All materials are added at the start of production. Using FIFO, what is the cost per equivalent unit for material? O a. P1.66 O b. P1.60 OC. P1.71 Od. P1.42 Costs of Beginning Work in Process: 14,500 units Material P25,100 75,000 units Conversion 50,000 Current Costs: 16,000 units Material P120,000 2,500 units Conversion 300,000 5,000 units 66,000 units Save Answer