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Compute the Cost per EUP

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Question - ABC Company manufactures concrete garden borders. All materials are added to the beginning of the process. October 2021 information on production and costs are the following:

Direct Material

Direct Labor

Overhead

Weighted Ave-Equivalent Production

80,000

76,000

75,000

FIFO-Equivalent Production

60,000

62, 000

66,000

Beg. Inventory Cost 

P 9,800

P 3, 160

P 5,010

Current Period Cost 

P 27,000

P 17,360

P 42, 240

a. Using Weighted Average, compute for the Cost per EUP.

b. Using FIFO, compute for the Cost per EUP.

Reference no: EM133152199

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