Question: |. Problem solving. Round off cost per equivalent unit and final answers to two decimal places. 1. The cost data and the production data for

|. Problem solving. Round off cost per equivalent
|. Problem solving. Round off cost per equivalent unit and final answers to two decimal places. 1. The cost data and the production data for MADALI LiNG TU lilompani,r for the month of Mavr were as follows: Cost Data: Work in process, Mai,r 1: Materials Php 52,000 Conversion costs 69,000 Costs added this month: Materials 600,000 Conversion costs 1,502,000 Production Data: Work in process, Mag.r 10-30% complete] 9,375 units Started in production this Mail.I 100,000 units Transferred out 90,525 units Work in process, Mai,r 31{30% to be done] 15,250 units Normal lost 1,3?5 units Abnormal lost ??? All materials are added at the start of the process and the lost units are detected at the inspection point of T596 completion. Using the FIFO method, what is the cost assigned to units transferred out? Using the FIFO method, what is the cost assigned to units in ending work in process? Using the average method, what is the cost assigned to units transferred out? a. b. c. d. Using the average method, what is the cost assigned to units in ending work in process? e. What is the cost of abnormal lost units using FIFE]I method? f. What is the cost of abnormal lost units using the average method

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