Reference no: EM132750065

Department G had 3,600 units, one-third completed at the beginning of the period, 12,000 units were completed during the period, 2,000 units were one-fifth completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period:

Work in process, beginning of period P30,000

Costs added during period:

Direct materials (10,400 at P8) 83,200
Direct labor 62,000
Factory overhead 24,800

Problem 1: Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, what is the equivalent units for materials and conversion costs, respectively.

a. 14,000 and 14,800
b. 10,400 and 11,200
c. 14,000 and 13,600
d. 10,400 and 10,000

Problem 2: Assuming that all direct materials are placed in process at the beginning of production and that the first-in, first-out method of inventory costing is used, what is the material and conversion cost per unit (to the nearest penny), respectively.

a. P5.94 and P5.86
b. P5.94 and P6.38
c. P8.00 and P8.68
d. P8.00 and P7.75