1. XYZ has the following cost components for 100,000 units of product for the year: Raw Materials P 200,000 Direct Labor 100,000 Variable Manufacturing overhead 100,000 Fixed Manufacturing overhead 100,000 Variable Selling/administrative expenses 50,000 Fixed Selling/ administrative expenses 100,000 Total Costs 650,000 If XYZ produced and sold 110,000 units, how much would be its total costs? (Hint: compute for the unit cost) 1. P 650,000 2. P 715,000 3. P 695,000 4. P 540,000 1 3 04 Question 16 5 pts A company has the following budget formula for annual electricity expense in its shop: Expense = P 7,200 + (PO.60 x units produced) If management expects to produce 200,000 units during March, the appropriate budget for electricity would be. 1. P 7,200 2. P 12,000 3. P 12,600 4. P 19,200 O1 O2 03 04