ALCOGIN CORP inventories for the month of March were as follows: March 1 March 31 201,500 555,750 253,500 Direct Materials Work in Process Finished Goods Production data for the month: Direct labor cost incurred Direct labor hours Actual FOH cost incurred Direct materials purchased. 650,000 81,250 429,000 536,250 217,750 471,250 276,250 The company applied factory overhead cost to jobs based on direct labor hours and the predetermined rate is P5.75 per direct labor hour. The company does not close the under or over- applied FOH to COGS until the end of the year. a) What is the amount of Cost of Goods Manufactured?