Question: 18.Morris Company uses the FIFO method in computing equivalent units. It has 4,000 units at the beginning of the work in process, and one-fourth is

18.Morris Company uses the FIFO method in computing equivalent units. It has 4,000 units at the beginning of the work in process, and one-fourth is completed. Also, 18,000 units are started and completed, and 6,000 units are in ending work in process, one-third completed. If the total materials cost is P84,000, the unit materials cost is: A.P4.67 B.P4.00 C. P3.65 D.P3.50

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