Solve the following problem.

Problem1 Marsh Company had 150,000 units of Product A on hand at January1, costing P21 each. Purchases of product A during the month of January were: Units Unit cost January 10 200,000 22 18 250,000 23 28 100,000 24 A physical count on January 31 shows 250,000 units of product A on hand. What is the cost of the inventory on January 31 under the FIFO method