For the period just ended, Montefalco Co. budgeted its variable overhead at P40 per direct labor hour and fixed overhead at P480,000. Budgeted production volume was 8,000 units and the production time, which was the basis for allocation of variable and fixed overhead, was budgeted at .80 hour per unit, the actual results for the period were: fixed overhead, P552,000; variable overhead, P283,480; units produced, 7,460; direct labor hours used, 5,595. What was the budgeted variable overhead for the actual volume attained?