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What is the cost of the cost of the completed and transfer

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A company produces plastic kitchenware and uses costing system. Products go through three departments- Mixing, Molding, and Packaging. During the month of August, the following information made available for the Mixing Department.

Units started                                    160,000

Units completed and transferred             130,000

Units in Process, end (25% complete)         20,000

Materials are all added at the beginning of the process. Conversion costs are incurred uniformly throughout the mixing department. As to company's policy as to normal spoilage, it is 2% of the output, inspection and identification takes place at the end of the process. The cost of materials is P200,000 and P265,350 as to conversion.

Question 1: What is the cost of the In process end?

Question 2: What is the cost of the cost of the completed and transferred

Reference no: EM132548246

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