Luisita Corp. produces product A and product B. It has two departments that process all products. During February, the beginning WIP in department 1 was half completed as to conversion, and complete as to direct materials. The beginning inventory included P40,000 for materials and P60,000 for conversion cost. Ending WIP inventory in department 1 was 40% complete. Direct materials are added at the end of the process. Beginning WIP in department 2 was 20% incomplete as to conversion. Direct materials for department 2 are added near the end of the process. Beginning inventories included P24,000 for transferred-in cost and P28,000 for conversion costs. Ending inventory was 70% incomplete. Additional information about the two departments are as follows: Department 1 Department 2 Transferred-out cost P128,000 68,500 Conversion Cost P28,000 P48,000 68,500 Materials Added 34,000 Beg, WIP in units 20,000 24,000 Units Started this period 60,000 68,000 Units transferred this period 64,000 20,000 1. Compute for the unit cost of transferred unit for Department 2 using average method. 2. Compute for the cost of work in process, ending using average method.