For the month of January 2022, PBB Company reported the following production data for Finishing Department. The company is in the first year of operation and uses WAM. Transferred in 75,000...

For the month of January 2022, PBB Company reported the following production data for Finishing Department. The company is in the first year of operation and uses WAM.


Transferred in                                            75,000
Transferred out to Finished Goods           59,250
In process, end (1/3 converted)                15,750


All raw materials are added in the 1st Department while packaging materials are added at the end of the process in this department.  Cost data for the Finishing Department this period are as follows:


Transferred in unit cost                            P12.70
Direct materials unit costs per EUP           P8.50
Labor costs, this department                    P41,280
Applied overhead, 120% of labor costs








If FIFO Method is used, the costs of goods manufactured amounted to?