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What was the percentage of completion as to conversion costs

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Question - WWW Company manufactures guess watch on an assembly line basis. January 1 work-in process consisted of 5,000 units partially competed. During the month additional 110,000 units were started and 105,000 units were completed. The WIP-end was 3/5 completed as to conversion costs. Conversion costs are added evenly throughout the process. The following conversion costs were incurred

Beginning cost for work-in process P1,500

Total current conversion costs 276,875

The conversion coat assigned to IPend totaled P15,000 sing the FIFO method of process costing. What was the percentage of completion as to conversion costs on the 5,000 units in BWIP?

Reference no: EM132945499

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