Citrus Manufacturing anticipates producing and selling 6,000 units of Faith, its sole product, for P20 each. The direct material cost per unit is P2, the direct labor cost is P8, and the variable manufacturing overhead is P3 per unit. The estimated fixed manufacturing overhead is P24,000. Variable selling and administrative costs are P1 per unit, with a total of P3,000 in fixed selling and administrative costs. The inventoriable expense per unit of Faith, according to generally accepted accounting standards, will be: *