The Lean Manufacturing Corporation uses a Raw and In Process inventory account and expenses all conversion costs to the Cost of Goods Sold account. At the end of each month, all inventories are counted, their conversion cost components are estimated, and inventory account balances are adjusted accordingly. Raw material cost is backflushed from Raw and In Process to Finished Goods. The following information is for the month of November. Beginning balance of Raw and In Process account, including P2,240 of conversion cost P49,600 Raw materials received on credit 587,200 Ending balance of Raw and In Process inventory per physical count, including P2,880 conversion cost estimate. 52.800 Compute the amount to be backflushed from Raw and In Process to Finished Goods