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How many units should the company account for in may

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In May 2020, The Hobbit has a beginning work in process inventory of 5,500 units that were 100% complete as to material and 40% complete as to conversion, and has transferred-in of 25,000 units before ending the month with 3,000 units that were 100% complete with regard to materials and 80% complete with regard to conversion costs. The cost per unit of material is P5.45, and the cost per unit for conversion is P6.20 per unit. Using the weighted-average method.

Questions:

Question a) How many units should the company account for in May?

Question b) How much is the cost of the completed units?

Question c) How much is the cost of the WIP, end?

Reference no: EM132649387

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