In using FIFO method, Cruz Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers. For December 2021, Cruz Company presented the following costs on three processes: What is the equivalent units of production (EUP) on conversion in Department 3? 14,900 15,405 15,125 15,400

A-1

m2. Subject :- Accounting

Tech Enterprise makes a single product in two departments. The production data for Department B for August 2019 follows:   Quantities:           In process, August 1 (40% complete)   4,000 units Received from Department A   30,000 units Completed and transferred   25,000 units In process, August 31 (60% complete)   6,000 units       Production costs:       August 1 August 31 Transferred in P48,900 P267,300 Materials 11,400 202,500 Conversion cost 5,820 243,000 Materials are added at the start of the process, and losses normally occur during the early stage of the operation. Cost of goods manufactured using FIFO method.