solutions in excel format pls

Summit Company provided the inventory balances and manufacturing overhead cost data for the month of January. Under summit's cost system, any over-or underapplied is closed to cost of goods sold account at the end of the calendar year. Inventories: January 1 January 31 Direct Materials P 30,000 P 40,000 Work-in-Process 15,000 20,000 Finished Goods 65,000 50,000 Additional information: Month of January Factory Overhead Applied P 150,000 Cost of Goods Manufactured 515,000 Direct Materials Used 190,000 Actual Factory Overhead 144,000 The cost of goods sold if under-or overapplied overhead were allocated to inventories and cost of goods sold is The cost of goods sold if under-or overapplied overhead were allocated to inventories and cost of goods sold is O P524,700 O P526,300 O P530,300 O P509,700