Samaritan Manufacturing Company is in its first month of operation. The costs of the joint process were direct materials, P30,000; direct labor, P12,000; and overhead, P8,380. Products X, Y, and Z are main products. B is a by-product. The company's policy is to recognize the net realizable value of any by-product Inventory at split-off and reduce total joint cost by that amount. Neither the main products nor the by-product require additional processing or disposal costs, although management may consider additional processing.

Product X: Weight in lbs - 4,300 MV at SPO point - P66,000 Units produced - 3,220 Units sold - 2,720

Product Y: Weight in lbs - 6,700 MV at SPO point - P43,000 Units produced - 8,370 Units sold - 7,070

Product Z: Weight in lbs - 5,400 MV at SPO point - P11,200 Units produced - 4,320 Units sold - 3,800

Product B: Weight in lbs - 2,300 MV at SPO point - P2,300 Units produced - 4,600 Units sold - 4,000

1. Assuming that joint cost is allocated using physical measure, what is the cost of goods sold of Product Y?