The overhead of Power Company is applied based on direct labor cost. The work

in process on December 31 represents Job#222 which has been charged with

direct labor cost of P700 and Job#258 which has been charged with applied

overhead of P600. Summary of work-in-process inventory account is as follows:

Work-in-Process Account January 1 P 6,250

Finished goods P 29,000

Direct materials 12,500

Direct labor 10,000

Applied overhead`7,500

1. How much was the cost of direct materials charged to Job #222 and Job #258?

BMW Inc. adds materials at the start of the process. The following information is

available for the month of December 2012:

Work-in-process, 12/1/2012

(35% complete as to conversion cost)

700

Units started in December 2,000

Work-in-process, 12/31/2012

(30% complete as to conversion cost)

800

2.What are the equivalent units of production for the month of materials on December

2012 using FIFO?

3.What are the equivalent units of production for the month of conversion cost on

December 2012 using Weighted Average?