Question: solve and show your solution Items 10 and 11 are based on the following information: The following data has been gathered from the records of

solve and show your solution solve and show your solution Items 10 and 11 are based

Items 10 and 11 are based on the following information: The following data has been gathered from the records of Ge Manufacturing Company for August 2018. The company uses the FIRO process costing method. Materials are added at the beginning of cessing; overhead is applied on a direct labor basis. The transferred to a second department for packaging. pro units are Beginning work in process inventory (40% complete as to conversion costs) Started in August Ending work in process inventory 5,000 units 90,400 units 4,000 units (70% complete as to conversion cost) Materials cost incurred in August Conversion costs incurred in August P433,920 P115,250 Beginning inventory cost totaled P24,875. ment in August? a.) P551,345 10. What is the cost of units transferred out to the Packaging Depart P522,720 c. P547,595 d. P526,470

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