Dove Company uses FIFO method of process costing. The company’s cost accountant has provided you with the following information in its Finishing Department for the month of May: In process, beg....

Dove Company uses FIFO method of process costing.  The company’s cost accountant has provided you with the following information in its Finishing Department for the month of May:


In process, beg. (100%M, 70% converted)      10,000
Transferred out                                              256,000
In process, end (100% M, 60% converted)      37,000


Current period;
DM cost per EUP             P10.20
CC cost per EUP               P21.50
Prior dept. cost                P24.00


Prior period
DM cost per EUP             P15.00
CC cost per EUP               P28.50
Prior dept. cost                P30.00



The total costs to account in the Finishing Department and the cost of goods manufactured for the month of May is: