Vibes Company installed a new process in January. During the month of January, 10,000 units were started in Department A. Of the units started, 7,000 were transferred to Department B, and 3,000 remained in work in process at January 31. The work in process at January 31 was 100% complete as to material costs and 50% complete as to conversion costs. Materials costs of P27,000 and conversion costs of P39,950 were charged to Department A in January. What were the total costs transferred to Department B?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Vibes Company installed a new process in January. During the month of January, 10,000 units were started in Department A. Of the units started, 7,000 were transferred to Department B, and 3,000 remained in work in process at January 31. The work in process at January 31 was 100% complete as to material costs and 50% complete as to conversion costs. Materials costs of P27,000 and conversion costs of P39,950 were charged to Department A in January. What were the total costs transferred to Department B?

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