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What is the equivalent units of production

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Reference no: EM133007021

The Yeye Company uses the process cost system. The following production data are for the month of September 2021

Production Costs

Work in process, beginning of month:

Materials P18,500

Labor 8,750

Factory overhead 4,850

P 32,100

Costs incurred during month:

Materials P93,500

Labor 42,450

Factory overhead 33,550

169,500

Production Report

Units

In process, beginning of month 4,000

Finished and transferred during month 28,000

Work in process, end of month 10,000

Stage of completion 40%

Problem 1: What is the equivalent units of production?

Problem 2: What is the total unit cost?

Reference no: EM133007021

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