Khulafu Company adds materials in the beginning of the process in the Forming Department, which is the first of two stages of its production cycle. Information concerning the materials used in the Forming Department in October is as follows:

Units

Materials Costs

Work in process, October 1

6,000

PHP3,000

Units started

50,000

PHP25,560

Units completed and transferred out

44,000

Using the average cost method, what was the materials cost of work in process at October 31?