The following information will be used for the next six questions

Exciting Company has the following information for July:

Units started	100,000 units
Beginning Work in Process (35% complete)	25,000 units
Normal spoilage (discrete)	3,500 units
Abnormal spoilage	5,000 units
Ending Work in Process (70% complete)	14,500 units
Transferred out	102,000 units
Beginning Work in Process Costs:
Material	P15,000.00
Conversion	P10,000.00
Current Costs:
Material	P100,000.00
Conversion	P164,662.50

All materials are added at the start of the production process. Exciting Company uses FIFO method in costing the homogenous products and inspects such products at 75 percent completion as to conversion.

Listed below are the requirements for this data set. Fill-up your answers in the next six questions.

• What is the equivalent units of production for material?
• What is the equivalent units of production for conversion costs?
• What is the assigned cost per EUP for conversions costs? (Round final answer to the nearest centavo or two decimal places)
• What is the amount of the period cost for July? (Round final answer to the nearest centavo or two decimal places)
• What is the total cost assigned to the transferred-out units? (Round final answer to the nearest centavo or two decimal places)
• What is the total cost assigned to the ending inventory?(Round final answer to the nearest centavo or two decimal places)