Reference no: EM133021627
Question - In December 2017, Rica Inc.'s production was 53,600 EUP for direct materials, 48,800 EUP for direct labor, and 42,000 EUP for overhead. During December, direct materials, conversion, and overhead costs incurred were as follows:
Direct materials P158,688
Conversion 189,648
Overhead 85,200
Beginning WIP Inventory costs for December were P26,232 for direct materials, P39,024 for direct labor, and P20,640 for overhead.
1. How much did Rica Inc. spend on direct labor in December?
2. What was the December average cost per equivalent unit for direct material, direct labor, and overhead?
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