Tech Enterprise makes a single product in two departments. The production data for Department B for August 2019 follows:

Quantities:
In process, August 1 (40% complete)		4,000 units
Received from Department A		30,000 units
Completed and transferred		25,000 units
In process, August 31 (60% complete)		6,000 units
Production costs:
	August 1	August 31
Transferred in	P48,900	P267,300
Materials	11,400	202,500
Conversion cost	5,820	243,000

Materials are added at the start of the process, and losses normally occur during the early stage of the operation.

Cost of goods manufactured using FIFO method.