Haikyu Company had 14,500 units that were 75% percent compl

Haikyu Company had 14,500 units that were 75% percent complete s to… Haikyu Company had 14,500 units that were 75% percent complete s to conversion costs at the beginning of the month. During the month, 75,000 units were started. At month end, 66,000 units were completed, ended 16,000 units of inventory with 60% as to conversion costs and 5,000 units of normal spoilage. The inspection point is at the end of the process (discrete). All materials are added at the start of production.The following cost data were given:Costs of Beginning Work in Process:     MaterialP25,100     Conversion50,000Current Costs:      MaterialP120,000     Conversion300,000 Using FIFO, what are equivalent units for material?72,50075,00070,00084,500 Using FIFO, what is the cost per equivalent unit for material?1.601.711.421.66 How many units were spoilage?5,0002,5007,5005,500  AllTurk Company produces frozen turkey patties. In the Forming Department, ground turkey is formed into patties and cooked; turkey is added at the beginning of the process and an acceptable shrinkage loss for this department is 1% of the pounds completed. The patties are then transferred to Finishing Department where they are placed on buns, boxed and frozen. The inspection point is at the end of the process (discrete). AllTurk uses weighted average process costing and has the following production in Forming Department for May 2021:Beginning WIP Inventory (80% complete s to conversion)           2,000poundsStarted       250,000poundsTransferred to Finishing (357,300 patties)       238,200poundsEnding WIP (30% complete s to conversion)           6,000pounds The cost data of AllTurk Company in this department:Beginning WIP: P1,807 for turkey; P150 for conversion costsAdditional costs for the month of May: P240,208 for Turkey; P24,380 for Conversion costsHow much is the cost per equivalent units for turkey and conversion costs, respectively? Round off to four decimal places.0.9604 ; 0.09900.9838 ; 0.09800.9838 ; 0.09900.9532 ; 0.0984 How much is the loss from abnormal spoilage?5,7405,4185,8675,861 What is the total cost of transferred out before adding normal spoilage?P 257,921P 252,341P 254,865P 264,588Accounting Business Cost Accounting

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