The following were taken from the books of Harvester Company:

Raw materials purchased P =1,946,700

Direct labor cost 2,125,800

Factory overhead 764,000

Sales 12,400 units at P =535

January 1 March 31

Raw materials inventory P268,000 P167,000

Work In process inventory - -

Finished goods inventory 43,000 ?

100 units 200 units

The Company uses the FIFO method for inventory costing.

How much is the cost of goods manufactured per unit?

Determine the cost of goods sold.