Problem 9 Alonzo Manufacturing uses a process costing system to accumulate, costs related to the production of "Supergrow" an industrial strength hair grower. Material costs and conversion costs for...

Extracted text: Problem 9 Alonzo Manufacturing uses a process costing system to accumulate, costs related to the production of "Supergrow" an industrial strength hair grower. Material costs and conversion costs for last quarter are provided below: Costs in beginning work in process Current costs for the quarter Materials P 6,544 281,656 Conversion 16,803 344,817 The equivalent bottles of production under the weighted average method are 262,000 for materials and 258,300 for conversion costs. All materials are added at the beginning of the production process. Beginning work in process was composed of 3,600 bottles that were 80% complete with respect to conversion costs. Required: 1. If the number of bottles completed during the quarter is 255,200, what is the total cost that should be assigned to these bottles under the weighted average method? • 2. If Alonzo had used the FIFO method, total cost assigned to ending work in process would have been P 11,597. If bottles completed during the quarter are 255,200, what is the total cost that should be assigned to the completed bottles under the FIFO method?