Johnson Company adds materials, 50% at the start of the process and 50% at the end of the process in Department A. Conversion costs were 70% complete as to the 8,000 units in process on January 1 and...

Johnson Company adds materials, 50% at the start of the process and 50% at the end of the process in Department A.  Conversion costs were 70% complete as to the 8,000 units in process on January 1 and 50% complete as to the 6,000 units in process on January 31.  During the month of January, 12,000 units were transferred to Department B.  An analysis of the costs relating to Work in Process is as follows:


Work in process, 1/1: Materials, P12,000; Conversion costs, P25,000
Costs added during the month: Materials, P79,800; Conversion costs, P125,000




The cost of ending inventory under WAM is:

Using FIFO, the cost of the 12,000 units transferred to Department B is: