1. Assume that you have a business. For October, you sold 1,000 units of your product. The following data describes your company's revenue and cost structure:

Selling Price per unit P400.00

Sales Commissions 5% of Selling Price

Direct Materials per unit P150.00

Direct Labor per unit produced P100.00

Electric bill for production in November P10,000

Advertising expense P4,000 per month

Administrative expense P5,000 per month

Compute for the following:

1. Total Prime Cost
2. Total Conversion Cost
3. Total Fixed Cost
4. Total Variable Cost
5. Total Manufacturing Cost
6. Total Nonmanufacturing Cost