8. The budgeted sales and production volumes are 9,000 and 8,000 units, respectively. A unit of a product makes use of 3 kilos of raw materials costing P20 per kilo and 5 hours of labor at P9 per hour. Factory overheard and operating expenses have been analyzed as follows: Factory overhead: Fixed P20,000 Variable 6 per labor hour Operating expenses: Fixed P8,000 Variable 2 per unit There are 2,500 kilos of raw materials on hand at the beginning of the period and the desired inventory end is 1,800 kilos. Questions a. How much must be the budgeted figure for each of the following? 1) Raw materials usage 5) Labor cost 2) Raw materials cost 6) Factory overhead 3) Raw materials purchases 7) Operating expenses 4) Labor hours b. How much must be the budgeted production cost per unit for the period