SEATWORK:

Barcelona Beach Products, who adds materials at the beginning of the process, reports the following data
for the first department in its production process:
Units in process at beginning of period (3/4 complete).............................................
Units started in process................................................................................................
Units transferred out....................................................................................................
Units still in process (1/2 complete).............................................................................
Units loss (normal; 1/2 complete) ...............................................................................

5,000
35,000
33,000
5,000
2,000

Related data were:

Work in Process at Added During
Beginning of Period
Period
Materials............................................................................
P 100,000
P 306,000
Labor.................................................................................
125,000
408,000
Factory overhead..............................................................
172,000
412,000
Required: Using the average costing method, prepare a cost of production report (Round cost per EUP to 4
decimal places)