What were the total costs transferred to dept

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Question 1: Ellery Company institute a new process in October,2016. During October 10,000 units were started in Department A. 1,000 units were lost by shrinkage which was discovered at the end, 7,000 were transferred to Dept. B, and 2,000 remained in work in process at October 31. The work in process at Oct. 31 was 100% completed as to materials and 50% completed as to conversion cost. Materials cost of P27,000 and conversion costs of P40,000 were charged to Department A in October. What were the total costs transferred to Dept. B?

Reference no: EM132548621

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