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ABC has estimated the following costs formulas for overhead: Cost formulas Lubricants P1,500 plus P0.50 per machine hour Utilities P2,000 plus P0.60 per machine hour

ABC has estimated the following costs formulas for overhead:

Cost formulas

Lubricants

P1,500 plus P0.50 per machine hour

Utilities

P2,000 plus P0.60 per machine hour

Depreciation

P1,000

maintenance

P200 plus P0.10 per machine hour

machine setup

P0.30 per machine hour

Based on the cost formulas what is the total expected overhead cost at 300 machine hours? (Use comma for your answer)

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