Matalino Company produces a product that undergoes three processes and the completed items at end of process 3 are the items to be sold to customers.. For January 2021 Matalino Company presented the following costs on three processes:

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Costs incurred: Materials Direct Labor Overhead Materials are added at: IN Process, beginning Process 1 P100,000.00 Process 2 Process 3 P61,500.00 P40,150.00 P41,000.00 P40,100.00 P30,750.00 P30,075.00 P82,000.00 P30,750.00 100% at the beginning 50% at beginning, 50% 50% at beginning, 30% 2,000 units, 100% Materials, 50% converted; Materials P10,000; Labor P4,000; FOH P1,500. Started/Transferred In Completed and transferred ou 21,000 units In Process, end (WA) In Process, end (FIFO) at 60% complete 2,000 units, 50% Materials, 50% converted; Cost from preceding department P21,000; Materials P3,000; Labor P2,000; FOH P1,500. 20,000 units 20,000 units ? units 1,000 units 50% complete 3,000 units 50% complete 700 units 50% complete 2,700 units 50% complete at 70% complete, and remaining 20 at 90% complete. 250 units (80% Materials; 80% converted; Cost from preceding department P4,250; Materials P400; Labor P400; FOH P300) and 250 units (50% Materials, 60% converted, Cost from preceding department P4,250 Materials P250; Labor P300; FOH P225). ? units 20,000 units 500 units 80% complete. 200 units 80% complete. Costs incurred: Materials Direct Labor Overhead Materials are added at: IN Process, beginning Process 1 P100,000.00 Process 2 Process 3 P61,500.00 P40,150.00 P41,000.00 P40,100.00 P30,750.00 P30,075.00 P82,000.00 P30,750.00 100% at the beginning 50% at beginning, 50% 50% at beginning, 30% 2,000 units, 100% Materials, 50% converted; Materials P10,000; Labor P4,000; FOH P1,500. Started/Transferred In Completed and transferred ou 21,000 units In Process, end (WA) In Process, end (FIFO) at 60% complete 2,000 units, 50% Materials, 50% converted; Cost from preceding department P21,000; Materials P3,000; Labor P2,000; FOH P1,500. 20,000 units 20,000 units ? units 1,000 units 50% complete 3,000 units 50% complete 700 units 50% complete 2,700 units 50% complete at 70% complete, and remaining 20 at 90% complete. 250 units (80% Materials; 80% converted; Cost from preceding department P4,250; Materials P400; Labor P400; FOH P300) and 250 units (50% Materials, 60% converted, Cost from preceding department P4,250 Materials P250; Labor P300; FOH P225). ? units 20,000 units 500 units 80% complete. 200 units 80% complete.