Ambo, Inc. manufactured 50,000 kilos of compound Am in 2015 at the following costs: Opening work in process of P88,125. Materials of P182,500 of which 90% is direct materials. Labor of P242,500 of which 93% is direct labor. Closing work in process of P67,500. Factory overhead is 125% of direct labor cost and includes indirect materials and indirect labor. The cost of goods manufactured is?