Problem 6: Cost of Production Report Mara uses weighted-average process costing. It had the following data in August. a. Beginning inventory, 60% complete Units completed Units in ending inventory, 40% complete Cost of beginning inventory Current period production costs Compute the equivalent unit production for August. b. Compute the unit cost for August. C. Compute the ending inventory of work in process. d. Compute the cost transferred to finished goods. 10,000 units 50,000 units 5,000 units P105,000 P831,000 Bachi Problem 7: Cost of Production Report Helen Company uses FIFO process costing. Data are as follows: Beginning inventory 40% complete Units completed during period Ending inventory 70% complete 504 25,000 units 500,000 units 45,000 units The cost of the beginning inventory was P14,500 and current period production costs were P834,400. Required: a. Compute equivalent production. b. Compute the unit cost. C. Compute the cost of the ending inventory of work in process. d. Compute the cost of goods completed and transferred to finished goods inventory.