Production: Costs: Manufacturing: Variable Fixed Non-manufacturing: Variable Fixed Per unit Planned 10,000 units P48 32 40 24 Total Actual 11,000 units P480,000 P530,000 320,000 360,000 400,000 420,000 240,000 240,000 During the year, the company sold 10,500 units for P150 per unit. All variances from standard manufacturing costs are closed to cost of goods at the end of the year.