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What total costs of units transferred-out is

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Reference no: EM132795269

The following information is available for DVC Corporation for the current month:

Started this month120,000 Units

Beginning WIP (3/5 incomplete)  11,250 Units

Total spoilage         3,000 Units

Abnormal spoilage      1,350 Units

Ending WIP (30% to be done)  ? Units

Transferred out          108,750 Units

Beginning Work in Process Costs:

Material           P 15,600

Conversion         20,700

Current Costs:

Material        P 180,000

Conversion      525,915

All materials are added at the start of production and the inspection point is at the end of the process. Using the more accurate method representing the physical flow of units.

Problem 1: Total costs of units transferred-out is?

Problem 2: The amount of work in-process, end is?

Reference no: EM132795269

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