Job No. 121 122 123 124 125 126 Materials P 2,160.00 4,575.00 No. of hours 650 1,850 Cost P 800.00 3,625.00 5,637.50 4,100 7,162.00 1,612.50 750 1,400.00 3,250.00 1,600 1,375.00 490 3,050.00 825.00 In April, Job Nos. 121 and 122 were completed and sold for P4,500 and P 10,000, respectively. Job Nos. 124 and 125 were likewise completed during the month. Manufacturing overhead costs are applied to jobs at P1.50 per direct labor hour. Actual manufacturing overhead cost for the month amounted to P15,175. a. How much was the cost of goods manufactured? b. How much was the gross margin on Job No. 122? Answer format-> a. 33,333.50; b. (10,000) or 10,000