1. The Fork Corporation manufactures one product and accounts for cost by a job-order cost system. You have obtained the following information for the year ended December 31, 2015 from the corporation's books and records:

Total manufacturing cost added during 2015

based on actual direct materials, actual

direct labor and applied factory overhead

on actual direct labor cost....................................P1,000,000

Cost of goods manufactured based on actual

direct materials and direct labor and

applied factory overhead.....................................970,000

Applied factory overhead to work in process

based on direct labor cost....................................75%

Applied factory overhead for the year, based

on total manufacturing cost..................................27%

Beginning work in process inventory was 80% of ending work in process inventory.

Compute the cost of direct materials used for year ended December 31, 2015.