CPA Company manufactures a product, using standard costs as follows: 1. Standard costs per unit: Material Labor Overhead: Fixed Variable 2. Normal Capacity 3. Overhead is applied on direct labor hours 4. Actual performance (one month) a) Volume produced b) Labor hours c) Overhead d) Material cost e) Labor cost f) Material used 7 kilos at P3.50 per kilo 8 hours at P1.75 per hour P1.15 per hour or P9.20 per unit PO.85 per hour or P6.80 per unit 900 units or 7,200 hours 800 units 6,300 hours P13,200 P3.45 per kilo P1.80 per hour 5,800 kilos