The Min Ho company uses a predetermined overhead rate. Min Ho prepared the following budget at the beginning of the year: Direct labour cost Factory overhead Direct labour hours Machine hours P12,000 P25,000 9,000 1,500 During the month of January, the cost sheet for order number 100 indicates P20 of raw materials, P50 of direct labour, 10 hours of direct labour, and 5 machine hours. Order number 100 consists of 49 unit of product. Min Ho applies overhead based on direct labour cost. What amount of overhead should be applied to order number 100? 104.17