Reference no: EM132791268
Question - Department B of Ethel Chemicals, Inc. suffers an average evaporation loss of 16%. The production data for the month of May 2019 showed the following:
In process, may 1 (1/4 completed) 5,760 units
Received from prior department 20,000 units
In process, May 31 (60% completed) 1,808 units
The production costs data were as follows:
Cost received from prior department P25,000
Unit cost in Department B for May
Materials P0.40
Labor 0.30
Overhead 0.10
The total costs of completed and transferred to finished goods stockroom for the month amounted to P40,000.
Required - Find the cost of work in process at the end?
a. P806
b. P2,500
c. P3,306
d. none of the given choices