5. Consider the following data. Department B of Ethel Manufacturing Corp. suffers an average of evaporation loss of 10%. The following data were obtained for the month of October, 2019:

Units:

In process, October 1 (2/5 completed) 9,600 gallons

Received from Department A 30,000 gallons

Finished and transferred 25,200 gallons

In process, October 31 (1/4 complete) 11,700 gallons

Costs:

In process beginning P5,760

Received from Department A 30,000

Current costs

Materials 19,440

Labor 7,290

Overhead 2,430

Under FIFO, how much is the cost of the completed units( finished and transferred out)?