Dimple Food Producers uses process costing in its two producing departments. In Department 2, inspection takes place at the 70% stage of completion, after which materials are added to good units. A spoilage rate of 3% of good output is considered normal. Department 2 records for April show: Received from Department 1 30,000 units Cost from preceding department P135,000 Materials P 12,500 Conversion cost P139,500 Transferred to finished goods 25,000 units Ending work in process inventory (80% complete) 4,000 units Determine the cost of 25,000 units finished and transferred out