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ABC Company has budgeted 84,000 machine hours in the production of 3 product lines for the coming year. Other budgeted information is summarized below: Machine

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ABC Company has budgeted 84,000 machine hours in the production of 3 product lines for the coming year. Other budgeted information is summarized below: Machine related costs P2,520,000 Materials receiving orders costs 1,255,680 Production orders/Engineering costs 1,080,000 Production run/Set up costs 112,200 Inspection costs 576,000 The following is a summary of actual data for the current year. P1 P2 P3 6,000 28,000 18,000 P60 36 1.5 P45 42 2 P39 30 1 Units produced Production cost per unit Materials Direct labor MH required per unit Activities per product line Receiving orders Production orders Set up Inspections 120 36 48 42 12 24 600 57 66 60 24 12 Determine the following: 1. Total overhead applied to: 1. P1 2. P2 3. P3 2. Total manufacturing cost: 1. P1 2. P2 3. P3 Do not use comma in the amounts. Ex: 1000000

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