1. Hamilton company uses job order costing. Factory overhead is applied to production at rate of 150% of direct- labor cost. Any over -orunderapplied factory overhead is closed to the cost of goods sold account at the end of each month. Additional information is available as follows:

Job 101 was the only job process at January 31, 2015, with accumulated cost as follows:

Direct materialsP 4,000

Direct labor2,000

Applied factory overhead 3,000

P9,000

Jobs 102, 103, and 104 were started during February.

Direct materials requisitions for February totaled P26,000.

Direct-labor cost of P20,000 was incurred for February.

Actual factory overhead was P32,000 for February.

The only job still on process at February 28, 2015 was job 104, with costs of P2,800 for direct materials and P1,800 for direct labor.

The cost of goods manufactured for February 2015 was