Universal Manufacturing Company produced variety of products all of which is processed in two departments. The company presented to you the following budgeted information for the current year to help the production manager in determining the cost of its prime products. Budgeted overhead Budgeted labor hours Budgeted machine hours Direct materials Direct labor hours Direct labor rate Department 1 Machine hours Overhead incurred P486,000 27,000 4,200 Actual cost information for each unit of product is presented below: Department 2 Department 1 Department 2 P35.00 1.5 hours. P40 per hour 0.2MH P148,000 P564,000 3,000 65,800 P10.00 30 min P50 per hour 1.5MH P210,000 During the year, the company produced 5,000 units. 1. If plant-wide rate is used based on direct labor hours, the total cost of producing 5,000 units is 2. Using the information from Universal Company, assuming departmental rates are used (Dept 1 - based on DLHS and Dept 2 - based on Machine hours) the total costs of producing 5,000 units is?