TINY INC. is famous for its rugby manufacturing. The main ingredient of its rugby is a chemical material known as RUGGIBEE. This material is usually purchased on a 20-gallon container costing P240 per container. TINYs supplier usually offers a 5% for payments within 15-day discount period. TINY takes all available discounts. Transportation cost and freight cost amounts to P100 for an average shipment of 50 20-gallon containers of RUGGIBEE. According to TINYs bill of materials, each bottle of its rugby contains 9.2 quarts of ruggibee (there are 4 quarts on each gallon). When ruggibee is boiled, about 8% of the mixture is lost through evaporation and spillage. In addition, inspection reports show the one out of six bottles rejected at final inspection due to instability of the solution. What is the direct material standard cost per unit of TINYs rugby products? *

P34.50

P32.40

P36.00

P31.70