Selected accounts are presented as follows: WORK-IN -PROCESS DEBIT CREDIT Jul 1 Balance P20,000 Jul 31 Goods finished ? 31 Direct Materials 90,700 31 Direct Labor 201,000 31 Factory Overhead ? FINISHED GOODS DEBIT CREDIT Jul 1 Balance $ 52,000 31 Goods finished 360,000 The balance of Work in Process at July 31 is P21,000. The amount of APPLIED FACTORY OVERHEAD in July was p