What is the cost of the ending work in process inventory

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Question - Ethel Manufacturing Company makes a single product in two departments. The production data for department 2 for April 2020 follows:

Quantities

In process, April 1 (40% completed) 4,000 units

Received from department 1 30,000 units

Completed and transferred 25,000 units

In process, April 30 (60% completed) 6,000 units

Production costs: April 1 April 30

Received from Dept 1 P16,300 P89,100

Materials 3,800 67,500

Conversion cost 1,940 81,000

Materials are added at the start of the process, and losses normally occur during the early stage of the operation. Using the Average costing method, What is the cost of the ending work in process inventory?

a. P46,000

b. P44,640

c. P45,600

d. P45,460

Reference no: EM132714078

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