On February 03, 2021 DENR purchased 50 boxes of bond papers at P1,350 per box. The supplier delivered the items on Feb 10, 2021. Immediately after delivery the agency issued 30 boxes to Departments B...

On February 03, 2021 DENR purchased 50 boxes of bond papers at P1,350 per box. The supplier delivered the items on Feb 10, 2021. Immediately after delivery the agency issued 30 boxes to Departments B and C. On February 20, 2021, the entity purchased an additional 20 boxes, this time for P1,300 only per unit. Only 5 days after, the Agency further purchased 15 boxes @ P1,320 per unit. At the end of the month, the Agency issued 25 boxes to Department A.


What is the ending value of inventory at the end of February 2021?
(Round-off Unit Cost and Total Cost to the nearest peso for every movement of Inventories)