Problem 33-13 (IAA) Acrophobia Company summarized manufacturing and construction activities for 2017 as follows: Finished goods 3,000,000 4,000,000 Machinery 500,000 1,000,000 Materials Direct labor Overhead for the prior year was 75% of the direct labor cost. Overhead in 2017 related to both product manufacture and construction activities amounted to P3,600,000. Required: a. Calculate the cost of the machinery, assuming that manufacturing activities are to be charged with overhead at the rate experienced in the prior year b. Calculate the cost of the machinery if manufacturing and construction activities are to be charged with overhead at the same rate