Triple V Company uses a job-order costing system and the following information is available from its records. The company has three jobs in process: #1, #2, and #3. Raw material used Direct labor per hour Overhead applied based on direct labor cost P260,000 P19.00 125% Of the raw materials used, total of 85% were traceable to the specific jobs (Job #1: 25%; Job #2: 30%; Job #3: 30%) and the balance of the requisitions was considered indirect. Direct labor hours per job are 2,800; 3,300; and 4,000; respectively. Indirect labor is P90,000. Other actual overhead costs totaled P100,000. KW Inc. manufactured coil over springs for cars. During this year, KW Inc. manufactured 200 units coil over springs. After final inspection, it was determined that 15 units were defective. The cost per unit to rework the defective units were the following: P100 for direct materials, P160 for direct labor and the appropriate factory overhead rate. The following were the unit cost for the 200 coil over springs: Direct materials P800 Direct labor P350 Applied overhead 160% of direct labor cost (150% in case defective units were charged to specific order)