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Peter Senen Manufacturing Company has just completed its production activities for February 2019. The production manager furnished you their data for this month:
Department X Department Y
Quantity units:
In process, February 1 16,000 10,000
Stage of completion 4/5 40%
Started in process 64,000
Received from prior dept. 70,000
In process, February 28 ? 12,000
Stage of completion 2/5 2/3
Costs data:
In process, February 1 P 21,020 P20,300
Current costs
Materials 28,350 46,800
Labor 15,300 25,200
Manufacturing
In Department X, material application is described to you as follows: 10% is applied at the start of the process; 25% when the process reaches the mid-point; and the remainder, when the process reaches 85% completion. Labor and Overhead are applied evenly throughout the process.
In Department Y, the application of material is described as follows: 20% when the process is ‘1/4 completed; 30% when the process is ‘1/2 completed and the balance, at the end of the process. Both departments use the FIFO method.
What is the total unit cost in Department Y?
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