Khiem, Inc. manufactures baseball gloves that normally sell for P55 each. Khiem currently has 400 defective gloves in inventory that have P35 of materials, labor, and overhead assigned to each glove. The defective gloves can either be completely repaired at a cost of P25 per glove or sold as is at a reduced price of P18 per glove. Khiem would be better off by:

a. P4,800 to repair the gloves and sell them at the normal price.

b. P2,800 to sell the gloves at the reduced price.

c. P5,200 to sell the gloves at the reduced price.

d. P2,000 to sell the gloves at the reduced price.

-Solution is required