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cost accounting

CoursHeroTranscribedText: Kimbeth Manufacturing uses a process cost system to manufacture Dust Density Sensors for the mining industry. The following information pertains to operations for the month of May 2021: Units Beginning work in process inventory, May 1 16,000 Started in production during May 100,000 Completed production during May 92,000 Ending work in process inventory, May 31 24,000 The beginning inventory was 60% complete for materials and 80% incomplete for conversion costs. The ending inventory was 90% complete for materials and 40% complete for conversion costs. Costs pertaining to the month of May are as follows: The beginning inventory costs are: materials, P54,560; direct labor, P20,320; and factory overhead, P15,240. Costs incurred during May are: materials used, P468,000; direct labor, P182,880; and factory overhead, P391, 160. Question (a) Using the FIFO method, the equivalent units of production for materials are_ Question (b) Using the FIFO method, the equivalent units of production for conversion costs are_ Question (c) Using the weighted-average method, the unit cost of materials for May is Question (d) Using the weighted-average method, the equivalent unit conversion cost for May is Question (e) Using the weighted-average method, the total cost of the ending work in process inventory at May 31 is

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