Answer:
Explanation:
We solve this prblem in three steps    
    
Step#1    
In this step we will prepare the summary of units produces and trasffered and units in closing stock    
    
    
Opening units  8000  
Started                133000  
                            	141000  
Transffered          	122000  
Closing                      	19000  
Step#2
We will prepare production and cost table, total cost will be divided by the total units produced to identify the cost per unit  incurred on material, labor and overheads.
Cost      opening   Current    Total      Complete  Closing  Equiv.      Cost
Head       Cost        Cost        Cost          units          WIP      Units     Per unit
Material  38,600  751,000   789,600   122,000    19,000  141,000  5.6000  
Labor     1,480      138,820    140,300   122,000    13,300 135,300  1.0370  
O.H       2,960      267,640   270,600  122,000    13,300  135,300  2.0000  
 Step-3      
 In this process we will calculate the cost incurred during the period.      
    
    
Complete  122,000   8.64   1,053,708  
    
Closing Wip    
    
Material    19,000   5.60            106,400  
Labor              13,300   1.04            13,792  
Overheads  13,300   2.00            26,600  
                                             146,792   
    
Total Cost                             1,200,500