For Items 7- 10. The quantity schedule based on the production of Dept B of Sumigla Mfg Co. for May 2018 is as shown below: Actual In Process, May 1 10,000 | 3/5 done Received from Dept A 50,000 Units...

How much should be the accumulated cost of work in process as of May 31?

a. P90,000

b. P100,000

c. P190,000

d. P220,000

Extracted text: For Items 7- 10. The quantity schedule based on the production of Dept B of Sumigla Mfg Co. for May 2018 is as shown below: Actual In Process, May 1 10,000 | 3/5 done Received from Dept A 50,000 Units to be Accounted For 60.000 Materials Conversion Costs EUP EUP In Process, May 1, Finished & Transferred Received, Finished and Transferred 30,000 100% 100% In Process, May 31 3/10 Units Accounted For The cost data are as follows: In Process, May 1 Received from preceding dept (Transferred in Cost) P88,000 P250,000 Page | 11 SAINT COLUMBAN COLLEGE CARITAS Pagadian City Corner V. Cerilles - Sagun Streets, San Francisco District, Pagadian City Tel Nos: 2151799 / 2151800: Fax No: 2141290 COLUMBAN Website: www.sccpag.edu.ph E-mail:[email protected] Factory costs: Materials P252,000 P120,000 P80,000 Labor FOH Conversion costs were evenly applied throughout the process. Materials are added as follows: 50% at the start, 30% at the middle and the remainder at the end.