Sales and costs data for Maripaz Corporations new product are as follows:

Sales (P22.50 per unit)		P225,000
	Unit Variable Cost*	Fixed Cost
Manufacturing cost	P12.00	P37,500
Administrative cost	4.50	22,500

* per unit of production.

There was no inventory at the beginning of the year. Normal capacity of the plant is 12,500 units. During the year, 12,500 units were manufactured. The total fixed cost charged to expense for the year under the absorption costing shall be