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A company using the normal costing system and implements the voucher system, has the following...

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Accounting

A company using the normal costing system and implements the voucher system, has the following cost data for its first year of operations:
a. Direct materials purchases
P 10,000,0000
b. Factory payroll (85% of which is direct labor)
6,000,000
c. Actual Factory Overhead
4,500,000
The cost of the ending inventories are as follows:
Materials, P 135,000
Work-in-progress, P 555,000
Finished goods, P 500,000
The company, after consulting engineers and other experts, initially decided to apply a factory overhead rate that is equivalent to 90% of direct labor cost. Any difference between the actual factory overhead and applied factory overhead is eventually closed to the cost of goods sold.
The total of the Vouchers Payable (CR) column in the voucher register amounted to P25,000,000 while the total of the checks issued based on the check register is P23,450,000.
Under the normal costing system, what is the total manufacturing cost?

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