. The Charito Company is planning an overhead budget cost for May and June, 2021. Past cost studies indicates that costs have followed behavior patterns as given below: Variable rate per hour Indirect materials P0.90 Heat, light & power 1.20 Repairs & maintenance 4.60 Lubrication 0.50 In addition, management has estimated fixed factory overhead as follows per month: Supervision P44,000 Indirect labor 36,000 Heat, light and power 14,500 Repairs & maintenance 17,200 Taxes & insurance 9,000 During May and June, 2021, the company plans to manufacture 150,000 units of product. Products are produced a the rate of 6 units per hour. Normal plant capacity is 15,000 hours per month. REQUIRED: 1. Prepare the factory overhead budget for May & June, 2021. Separate the fixed from the variable cost components. 2. Determine the unused normal capacity, if any.